Well Established Backpackers Hostel for Sale in Amritsar

Available on Introduction
Listing IDSL005557 Ticket Size10-50 Lakh Last Year TurnoverINR 2,600,000 Verification Status Pending
  • Well Established Backpackers Hostel for Sale in Amritsar

Business Details

The hostel started operations in June 2014. It has been one of the top hostels in India since its inception. It won the best hostel in India award on hostelworld in 2018. It has 22 Beds ( 1 private and 3 dorms). The promoter shited to Canada, currently, the business is managed by the Employee. The hostel has more than 1500 reviews online combined on different platforms. Last year's turnover was INR 26 Lacs and the profit was INR 6 Lacs. The hostel premise is on a lease. The asking price of the business is INR 20 Lacs.

Last Years Gross ProfitINR 650000 EBITDAAvailable on request
Total Views253 Last Active2+ months ago
IndustryHotel, Resort, Guest House, Private Club LocationAmritsar
Entity typeSole Proprietorship Started in 2014
Transaction TypeFull Sale Employees1-10
ReasonIt has been tough to handle operations from Canada.

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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