HOTEL For Immediate Sale - MANALI, HP

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Listing IDSL004761 Ticket Size5-10 Crore Last Year TurnoverINR 3.00 Crore Verification Status Pending
  • HOTEL For Immediate Sale - MANALI, HP

Business Details

About Hotel- ~ Hotel in a most posh area of Manali, is conveniently located close to Manali's tourist spots, and near Mall road. It's Plot area is 480 sq. mts. (13 biswa) & Covered area is appx 400 sq. mts. ~ H.P Government Registered Hotel having Main areas of business as Accommodation, Food & Travel services. Amenities- ~ 13 Spacious Double Bed Rooms & 1 Four Bedded Family Suite (2 Rooms), All with Fully Furnishing & Designer Washrooms ~ Open Terrace sitting area for Buffet, Bonfire/Music, Etc. ~ 5 Other Rooms include Office, Staff & Personal Rooms. ~ Hotel facing posh road with 60 feet front & Open parking for appx 8 cars. Competitive Advantages- a. Hotel is located in the poshest area of Manali (adjacent to main market of Manali but Peaceful open area also) near to the Mall Road, b. Luxury Rooms as compared to other nearby hotels. Financials- ~ Average Profits/Income: Rs 40 Lakh /Year ~ Current market value of Property is around Rs 10 Cr. + Existing hotel building (2 & 1/2 stories) can be raised/extended to add more rooms/hotel facilities. + Also non himachali can buy, Owner will assist in the registration process. + Expected Price = Rs 8 cr (genuine, & also negotiable). .HP Govt Property Registration Charges : for Ladies 3% plus reg fees 2% for Gents stamp [email protected] 6% plus reg fees @2% + For IMMEDIATE SALE.

Last Years Gross ProfitINR 4000000 EBITDAAvailable on request
Total Views546 Last Active2+ months ago
IndustryHotel, Resort, Guest House, Private Club LocationManali
Entity typePrivate Limited Started in 2010
Transaction TypeFull Sale Employees26-50
ReasonMove to other Business

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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