62 Bedded Running Hostel Business for Sale in Noida
About Business
The profitable hostel business started in the year 2008. The hostel was renovated in the year 201, it has ground plus two floors. Total build up area is 575 Sq yards. There are 62 beds and per person, monthly charges are INR 5000(with food), without food INR 2500. The occupancy rate is 65%. There are 12 people working in a hostel. Last year's turnover was INR 15 Lacs and the profit was INR 12 Lacs. The asking price of the business is INR 5 Cr. The business requires full attention it can generate monthly revenue of INR 5 Lacs.
Reason
Management issues
Keywords
Business Tags
â¹10 to â¹200 Cr
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