Hotel on Lease in Baroda

Request for Introduction
Listing IDSL000274 Ticket SizeUp to 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)

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views3311 Last Active2+ months ago
IndustryHotel, Resort, Guest House, Private Club LocationVadodara
Entity typePrivate Limited Started in NA
Transaction TypeFull Sale Employees11-25
ReasonOwner wish to Retire

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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