Well Established 3 Star Hotel for Sale in Baddi

Listing ID: SL003295
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

Opportunity with Decent ROI : It is a hotel business started in 2004. The total land area covered by the hotel is approx 60,000 sq. ft. while the total built up area is 30,000 sq. ft. It is a 4 storeyed hotel(B+4) with a total of 32 rooms (All Fully Air conditioned). The Hotel is situated on the Main Road and hence is almost 60% occupied throughout the year.
Currently, approx 45 staff work over there. It offers other services like Laundry, Parking facility, Elevator, Conference Room and a Banquet Hall with a capacity of 150 people. It also offers other services like a restaurant and a bar. The Cuisines served are Indian and Chinese. They have also given 2 QSR Franchises within their compound. The hotel has good tie-ups with reputed tour operators and travel agencies. It is listed on MakemyTrip, Oyo Rooms, and Booking.com.
Previous Financial Year Turnover is approx 1.5Cr and the profit margin is around 25-30%. The Asking Price for this hotel is INR 12 Cr. Watch Video Clip for this Listing.

Reason

Personal

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Business Tags

Good reputation high occupancy rate listed on popular sites Located on main road Spacious Infrastructure Wide range of Facilities

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