Hold

Products/Service

Running hotel enjoying good sale and goodwill built on 5.2 Bigha Plot spread in 42,000 sqft having 36 rooms with great expansion potential includes Banquets, Restaurant, Ample parking & Huge lush green lawn in Baddi, Himachal Pradesh, is available for Sale/Lease & is Free from bank loan. Same premises may be considered for other projects like Educational Institute/University or Multi Specialty Hospital. The hotel is owned by family and has occupancy rate of over 60%. In the last financial year, it generated a revenue of Rs. 1.5 - 2 Crores. Asking Price: Rs. 9 Crores (Negotiable). Valuation has been done by bank in December. For lease, lease terms and amount can be discussed.

Reason

Owner consolidating business in hometown Chandigarh.

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