- February 25, 2024
- 34 Views
Business Overview
– a small Lodge business with 1 air-conditioned bedrooms in ameerpet, Selling only the business not the property.
– Cater to the budget segment.
– 75% occupancy rate at any point in time.
– Loyal corporate and individual clientele with several regular guests.
– One of the best-rated budget hotel in the locality.
– We do not have an in-house kitchen but offer food service with the help of 2 restaurants.
– Our sales have dropped a little due to the general economic slowdown but is expected to pick up as the COVID pandemic resolves.
– Physical assets owned by the business include furniture, furnishings, electronics and air-conditioning equipment.
– Buyer will acquire the legal entity that owns the business which includes the brand name and all the assets of the business.
Products & Services Overview
Lodge with 1 fully furnished air-conditioned room.
Assets Overview
Air conditioners, furniture, generator and the security deposit.
Facilities Overview
The property is leased to us till 2028. 20 fully furnished well ventilated air-conditioned rooms spread across 500 sq. ft. of leased space in a commercial building. The ground floor has a small but easily accessible reception counter. . The lease is valid for the next 5 years.
Capitalization Overview
Not Disclosed