Listing IDSL000579 Asking PriceRs. 2 Crore - 5 Crore Last Year TurnoverRs. 720,000 Verification Status Pending

Business Details

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.

Total Views536 Buyers Contacted0
Reason For SaleHave invested heavily in real estate in Delhi NCR and shifted here.
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryHotels, Restaurants & Food Services Sub IndustryHotel, Resort, Guest House, Private Club
StateBihar CityOther City
Company TypeSole Proprietorship Started in NA
Employees1-10 Employees Listing created byOwner

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