Hotel For Sale
Location India
Asking Price Range $10.0M - $20.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Well manner staff.
Reason for Sale Owner is going abroad.
Description The Hotels is on Chitoor road. It is located near Jos Junction (heart of Ernakulam) and close to the Rly station. There is no FINANCIAL liability or labor issues etc. Just that the owner wants to retire in peace as his children have other businesses of their own. It is a Running hotel. With multi cuisine restaurant. 76 covers. Conference halls 5 - capacity -30 - 150. Two blocks of 70 rooms upgradeable by another 10. Two star that can be upgraded to three star.
30 cents of land in prime location, heart of the city. The land price in this area varies from 25 lakes upwards. Around 49000/ sq ft built up area. Room sizes acceptable as per three star norms. ABT 37 rooms are non-ac. Expected price around 17.00 crores. Negotiable. Contact for more informationfor this site..
Click Here To Contact Seller
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