Newly Opened 5-Star Hotel Available for Sale in Zirakpur, Chandigarh
Email
Phone
Google
LinkedIn
Facebook
Product / Service
This Newly built 5-star hotel is operational since May 2018 and is registered as a private limited firm. The property is located at a very prime location just 8 km from the Chandigarh International Airport.
The hotel has 104 AC rooms which consist of Superior rooms, Deluxe rooms, Business class rooms, Family rooms, Suites, Presidential Suites. Other facilities include banquet space, rooftop swimming pool, spa, gym, 2 restaurants, bar, coffee lounge, in-house laundry, party lawn etc.
The total area of the property is 2 acres and built up area is around 130000 sq.ft.
Daily occupancy is around 55%. The total number of employees working are 107.
Monthly sales is around INR 1 Cr. and the net profit margin is 40%
Asking price is INR 148 Cr (including land and complete set-up)
(Rest any other information required is available on request)
Reason
Owners looking to invest in other businesses
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
