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5Star Hotel for sale in Chennai Mahabalipuram (ADV - Property (Real Estate))

by JOSEPH ELANGO, Sunday, April 07, 2024, 07:56 PM (97 days ago)

Total Keys: 200
Room Size / mix: 297sqft (including bathroom and vestibule) all room sizes are the same
(except for 4 suites which are 2bays / 596 sqft.,)
Land Area: 75359sqft. (31.39grounds – 1.74acres)
Category
Operator


Freehold / Leasehold: Freehold
Owning Structure: Hotel owned by an International Group (Parent is a Dutch registeted
entity, it’s an investments BV)
Share / Asset Sale: Both options available depend on price
Total Built up area: 244887 sqft.,
Hotel Facilities: - - - - - - - - - -
All day dining / 3462sqft.,
Speciality restaurant (Chinese_ 1625 sqft.,
Bar / 1500 sqft.,
Banquet Hall (separate entrance) 3564 sqft., (with partition to make 2 rooms)
Business Centre / 3597 sqft.,
Outdoor Pool / 3564 sqft.,
Gymnasium / 1240 sqft.,
Outdoor function area 3798 sqft.,
2 basements car parks / LB – 32828 sqft., / UB 29998 sqft.,
Potential for roof terrace (permission held but not developed) / 6500sqft.,
Hotel Performance: As per the last year balance sheet
Turnover : INR 75Crs.,
EBITDA : INR 14.5 Crore
Revenue:
2017 :
2018 :
2019 :
GOP:
2017 :
2018 :
2019 :
INR 40.54 Cr.,
INR 39.86 Cr., (impacted by liquor ban)
INR 44.47 Cr., (Estimated budget forecast)
INR 11.32 Cr.,
INR 12.88 Cr., (impacted by liquor)
INR 15.38Cr.,
Quoted Price : 360 Cr., - Slightly Negotiable
Sale Mode: Share Transfer
Contact Joseph Elango 9444763242

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