Newly Opened 5-Star Hotel Available for Sale in Zirakpur, Chandigarh

Listing ID: SL004727
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

This Newly built 5-star hotel is operational since May 2018 and is registered as a private limited firm. The property is located at a very prime location just 8 km from the Chandigarh International Airport.
The hotel has 104 AC rooms which consist of Superior rooms, Deluxe rooms, Business class rooms, Family rooms, Suites, Presidential Suites. Other facilities include banquet space, rooftop swimming pool, spa, gym, 2 restaurants, bar, coffee lounge, in-house laundry, party lawn etc. The total area of the property is 2 acres and built up area is around 130000 sq.ft.
Daily occupancy is around 55%. The total number of employees working are 107.
Monthly sales is around INR 1 Cr. and the net profit margin is 40% Asking price is INR 148 Cr (including land and complete set-up) (Rest any other information required is available on request)

Reason

Owners looking to invest in other businesses

Keywords

₹10 to ₹200 Cr

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