Products/Service

24 rooms business hotel with gym, conference room, reception & a rooftop restaurant.

Clientele Type

Business travellers, corporates

Premises

On rental agreement for 9 years. Asking price includes building advance.

Asking Price Includes

All Room furniture, fittings, minibar, restaurant furniture, kitchen equipment, posh imported mirrors, deposit, false ceiling, ACs, imported lights and more.

Reason

Going abroad

Other Details

This Hotel business is operational since November 2018.
It is located at a premium locality.
It is a G+4 building with 24 rooms business hotel with high end imported furniture with a mini gym, conference room, reception & a rooftop restaurant.
It has an 80% occupancy rate.
Land area is 2400 sqft and build-up area is 12000 sqft.
Monthly rent of the hotel is INR 5 lakh and the security deposit is INR 40 lakh.
Average monthly revenue is INR 12 lakhs.
Asking price is INR 1.75 cr

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