A Profitable Guest House for Sale in Bagaha, Bihar
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.
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