Profitable 80-Bed Hostel & Restaurant For Sale In Anand
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About Business
It is a well-established student accommodation facility located in Anand, Gujarat, catering to the housing needs of local and outstation students. The property features 24 rooms across multiple floors, currently housing 80 students, offering a steady and reliable income stream. Select rooms have air conditioning units, providing comfort during the warmer months.
On the ground floor, the property includes a fully operational restaurant that serves fresh, home-style vegetarian meals. Open to both residents and the public, the restaurant has gained a strong local reputation for its affordability and variety, offering different dishes daily at a budget-friendly price of just 100 INR per plate.
This dual-purpose property combines a high-demand student hostel with a community-oriented dining option, making it an excellent investment opportunity in the education and food service sector.
Clientele type
It primarily serves students from nearby universities and educational institutions, offering affordable and convenient long-term accommodation. The clientele consists mostly of college and university students, both local and outstation, pursuing various academic programs.
The ground floor restaurant caters to a diverse local clientele, including students, working professionals, and nearby residents. The business operates within the education and food service industries, providing essential services in student housing and affordable dining.
Premises
OWNED
Premise Size: 5000
Market Value (in INR): 4.50 Cr
The business operates from a 4-storey owned building with a total built-up area of approximately 5,000 square feet. The property includes outdoor parking for two-wheelers and small vehicles. A water tank is installed on the roof for an uninterrupted water supply.
Several communal areas on the upper floors are designed for student relaxation and interaction. The building is around 30 years old, completely refurbished located in a prime student-friendly locality in Anand, Gujarat, with close proximity to educational institutions and local amenities.
The premises are self-owned, and no security deposit is applicable. The current capacity accommodates 80 students, with scope for further expansion or optimisation.
Asking Price Includes
The asking price includes complete ownership of the business, including the real estate and the restaurant.
Reason
The owners are moving abroad.
Licenses
FSSAI License (Food Safety and Standards Authority of India), Shop and Establishment Act, Fire Safety Certificate, Health/Trade License, GST certificate, NOC from the Local Municipality
More Details
It is currently managed by a trusted family member with hands-on experience in hospitality and property management. The operations are supported by a dedicated team of approximately 25 staff members, covering accommodation services, restaurant operations, maintenance, and general administration.
The business has been running smoothly for several years with a strong reputation in the local community. The team takes pride in maintaining a clean legal and operational record, with no complaints or issues from any authorities. The hostel and restaurant are known for their reliability, affordability, and commitment to student welfare and food quality.
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₹10 to ₹200 Cr
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