- February 25, 2024
- 33 Views
Business Overview
– Our business offers premium accommodation and multiple amenities to its customers.
– We receive about 100 to 120 bookings every month for our rooms. The bookings are received through Booking. com, GoIbibo, and direct walk-in customers. About 80 per cent of the bookings are through direct walk-ins only.
– The average price of each room varies between INR 800 – INR 1,000. The remaining revenue is generated through our kitchen.
– Our customers can order from a wide range of dishes & order their meals in their respective rooms. This stream of revenue contributes to about 40 per cent of the company’s entire revenue. The majority 60 per cent is generated through room bookings.
– Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.
– The company has one owner who has 100 percent ownership of the business. There are no outside investors or shareholders.
Products & Services Overview
Running a business for last 4 years has 6 rooms, ground floor for restaurant and basement for a banquet. business is running well average business is 100-120 rooms per month.
Assets Overview
Physical assets include:
– Interior fittings & furnishing across the hotel such as wardrobes, beds, bathroom fixtures, kitchen equipment, etc.
– Television screens, air conditioners, and electric kettles in all the rooms.
– Computers, laptops, printers, and CCTV cameras for administrative use.
Facilities Overview
– The business runs operations from the owner’s personal property. The facility is not a part of the company’s physical assets.
– The facility has a cumulative area of 2190 sq. ft. The premises has three floors which are essentially the basement, ground flood, and first floor. Each floor has an area of 2,190 sq. ft.
Capitalization Overview
– Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.
– The company has one owner who has 100 per cent ownership of the business. There are no outside investors or shareholders.
