Posted on: Feb 4 2020 11:54AM
Business Description
Well Established and Fully Functional Star hotel with 9 Storeys and 100+ rooms, with a build up area of 100k sq ft on a land of 70 Cents/0.7 Acres/14 Grounds, is seeking a buyer.
The Star hotel is uniquely qualified to continue its success and prove to be a great investment due to the following reasons:
• With 27 years of service with utter dedication and courtesy, it is one of the most sought-after accommodations in the region currently.
• Strategically places in the prime area of Coimbatore - also known as 'The Manchester of South India'
• The hotel location is central to the Shopping/Business areas, Intercity Bus Station, Town Bus Station, Railway Station and International Airport.
• The team has a track of Success in the hotel industry.
• The hotel also has conference halls which can accommodate 200 persons at a time,
• Infrastructure - 9 Floors, 100 Rooms, 4 Conference Halls, 3 Generators for Uninterrupted Power Supply, 4 Vehicles and ample parking facility.
Business Category
Hotel, Restaurants and Food Services
Business Sub Category
Hotels & Resorts
Business Location
Coimbatore, Tamil Nadu, India
Business Features
Attractive Business
Central Position in Affluent Village
Close to Local Amenities
Company for Sale
Established Business
High Turnover
Operational Information
Year of Establishment : | 1993 |
No of Employee : | 50 |
No of Years trading : | 27 |
Trading Hours From : | 1:00 Hr |
Trading Hours To : | 24:00 Hr |
Company Details
Type : | partnership |
Status : | True |
Profit & Pricing
Business Turnover : | 5000000-0 INR /Annum |
Total Expenses : | 5000000-0 INR /Annum |
Gross Profit : | 5000000-0 INR |
Net Profit : | 5000000-0 INR |
Included Plant & Fixture fittings | |
Included Estimated Stock |
Keywords
Reputed Hotel Business for sale