What is the potential of business of the hotel? 12suites ,27specious rooms, Restaurants,coffee shop 3star hotel
The Hotel does a business of approximately Rs. 4.0 Cr and has
a potential for further improvement in business by another
Rs. 75 lakhs within the next 12 months if the Food &
Beverage revenue is improved in the restaurant andalso in
the banquet and outdoor catering side. The Owner used to
operate the hotel until recently and the above numbers are
based on the revenues generated during that period
What facilities does the hotel have?
The hotel has the following facilities installed and
Operational:
Full generator backup
Separate Water Connection
Separate Overhead Water Tank
Separate Underground Water Tank
Fire Fighting system
Independent Automatic Lift of Otis brand
Second common Automatic Lift of Otis brand for the
restaurant
Solar Water Heating system
Is there any Loan on the Property?
Yes there is a loan of Canara Bank on the Property and the
bank is ready to close the loan if a new buyer is interested in
the property.
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