Hotel on Lease in Baroda

Listing IDSL000274 Ticket SizeUp to Rs. 10 lakh Last Year TurnoverAvailable on request Verification Status Pending

Business Details

Hotel offers 40 well furnished rooms, AC Rooms as well as Non AC Rooms. All the rooms have attached toilet with Hot & Cold water round the clock, telephone intercom and colour television with latest satellite channels on the air. Travel & Secretarial Services, Doctor on Call, Locker Facility and well equipped Gymnasium. The key promoter of the Hotel is an experienced Hotelier being in the Hotel Business for last 25 years and more, Hotel has 02 well-furnished and equipped AC Halls with capacity of up to 50 to 200 approx. It's having 70 - 75 % occupancy last year with 11.26 lacs net profit. The property was constructed in 1989/90 and the property is occupied by the owner. Land area is 8850 sq. ft. and built up area 12000 sq. ft. Hotel has 4 floors with banquet hall and restaurant. 80 lacs for deposit and 8.5 lacs Lease per month (Negotiable)

Total Views1920 Buyers Contacted16
Reason Owner wish to Retire
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryHotels, Restaurants & Food Services Sub IndustryHotel, Resort, Guest House, Private Club
StateGujarat CityVadodara
Company TypePrivate Limited Started in NA
Employees11-25 Employees Listing created byOwner

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