A Profitable Guest House for Sale in Bagaha, Bihar
Listing ID: SL000579
Posted By: Owner
Last Active: 2+ months ago
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Product / Service

Acquire a profitable guest house near railway station in Bagaha. Bagaha is a Block situated on banks of river Gandak in West Champaran district of Bihar State. It is a residential accommodation with all modern facilities, located in proximity to serene natural beauty of Valmiki Tiger reserve (8 Kms away) on Indo-Nepal Border. This is a very reputed guest house in town spread on approx. 20,000 Sqft. The 15 year old residential building has been converted into a residential hotel since 8-9 years. Occupancy rate is almost 100% due to its locational advantages. There are total of 15 rooms (12 double bed and 3 single bed rooms). The 2 floored guest house is in two parts separated by a pandal. There is 24 hours power back-up, laundry services and parking facilities. Currently 3 employees including the manager. Revenue per month: approx. Rs. 60,000. Asking Price: Rs. 2 Crores. The cost of property is more than Rs. 2.5 Cr. but due to urgent financial requirement, selling at lower rate. Also open to lease and part sale options.

Reason

Have invested heavily in real estate in Delhi NCR and shifted here.

Business Tags

guest house high occupancy rate Modern Facilities own property Premium Location Profitable Well Constructed Well Reputed

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