Running 4-Star Hotel For Sale In Rajkot
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About Business
The property spans approximately 27,000 sq. ft. of built-up area and offers a luxurious hospitality setup with 24 elegantly designed guest rooms, each providing a stunning sky view. It features an exclusively crafted banquet hall ideal for corporate or wedding events, with a maximum capacity of 200 guests and equipped with an LG LED projector and electronic sliding screen. A meeting room equipped with a 60-inch Smart TV and high-speed internet ensures that business needs are well catered to. For elite guests, there is a private dining room, and fitness enthusiasts can enjoy the in-house gym.
The crown jewel of the property is the city's first sky-view restaurant, located on the highest floor, offering seating for 100 guests and an exceptional dining experience. The infrastructure includes two well-equipped kitchens- one on the 10th floor and the other on the 13th. Ample parking is available in the basement, accommodating 15 to 18 cars and multiple two-wheelers.
The property is supported by a sophisticated technical infrastructure, including water heaters, circulation pumps, water softener, pressure pumps, R.O. system, and a 200 KVA Cooper generator. It is equipped with two Schindler lifts, a high-tech server room, fire alarm systems, high-speed internet, and Toshiba Central AC using VRF technology. Each floor has a dedicated electric panel system. The hotel also has a separate entrance, distinct from the commercial office area or shared lifts, ensuring privacy and exclusivity.
Clientele type
The hotel enjoys a 70% occupancy rate in the off-season.
Premises
The premises are owned.
Asking Price Includes
The asking price includes complete ownership of the business.
Reason
The promoters are retiring and moving abroad.
More Details
The hotel employs a total of 25 employees, 4 front office, 6 housekeeping, 5 kitchen, 5 F&B services, 1 general manager, and 3 for utilities. The hotel is registered on MMT and Go-Ibibo, and it also enjoys a 4.3 rating on Google.
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₹10 to ₹200 Cr
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