Description

NRI owns 4 star hotel Hyderabad. looking to Sale his own hotel for direct genuine buyers Expecting price for Hotel is 100CR Price will be slightly negotiable if you find a genuine buyer

PROFITABLE RUNNING BUSINESS AND SPECIFICATION DETAILS ENCLOSED

SPECIFICATIONS OF 4 start HOTEL BY ITC –HYDERABAD
1. Built:2010
2. Total area 1711 syards
3. Total built up area 77000 Sft
4. Total rooms: 68
5. No of floors:6
6. Family Restaurant and Bar: 1
7. Banquet hall: 1 (150 nos capacity)
8. Board room :1 (30 people capacity)
9. Lounge bar on top: 1
10. Revenue per month 1 Cr to1.2 Cr(apx)
11. Expenses per month around 65 lakhs including every thing
12. Monthly Net profit 45-50 Lakhs (Apx)
13. ITC Management brand contract Lease paying to ITC 5.5 % on gross revenue
14. Room tariff Rs 4344-11,000 including taxes
15. Room Occupancy : Monday to Friday100% and Saturday & Sunday 80%
16. Key Point : Own land ,Building , no credit, no liabilities, no loans, crystal clear property & Hotel ,ownership :Single
1. Hotel Operational running business is profitable
17. All documents & permission for hotel available for direct genuine buyer only
18. Reason for sale: Moving to hositipal business
List of below documents available immediately for direct buyers only & other documents i.e.Latesh Tax returns, i.e 2018-2019, profit and loss, monthly gross sales, monthly profit will be submitted once agreement is signed for Sale. If you find any direct genuine buyer please let me know.
1. Property Tax Receipts of ownership
2. ROC balance sheet details /Profit and Loss
3. Business Registration of Hotel
4.Fire Safety Permit.
5.Health Trade License or Trade License
6. Premises Permit
7. ESI Registration
8. PF Registration
9. Bar License
10. FSSAI Food Business License
11. Administration Tax Registration
12.GHMC approved Plan
13. Bank NOC Certificate (No due to bank)
14. 4 star Hotel have a yearly contract with corporate companies for occupancy

• Schools & Collages
• Grocery Store
• Banks & ATM
• Shopping
• Pharmacy