Running Hotel for Sale In Shimla
About Business
A hotel in Theog, Shimla, is available for sale, featuring 20 rooms, 2 banquet halls with a combined capacity of 500–600 guests, and a restaurant that accommodates 80–100 diners. Located in a prime area, the property caters to both stays and events such as weddings, parties, and meetings. The restaurant serves Indian, Chinese, and South Indian cuisines. The hotel records an average occupancy rate of 75%, reaching full capacity during peak season.
Clientele type
The clientele includes tourists, families, groups, and event organizers for weddings, parties, and corporate functions.
Premises
OWNED
Premise Size: 2700 sqft
Market Value (in INR): 6.00 Cr
Asking Price Includes
The entire property, along with all its assets, will be included in the transaction.
Reason
The owner intends to purchase a new hotel in another city.
Keywords
Business Tags
₹10 to ₹200 Cr
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