1. Businesses
  2. Hotels, Restaurants & Food Services
  3. Goa
  4. Margao
  5. SL012578
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23 Year Old Running Guest House And Restaurant For Sale

Listing ID: SL012578
Posted By: Owner
Last Active: 3 weeks ago
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About Business


Products & Services Overview
1) Guest house with 5 AC rooms spread across 2 floors (fully furnished)
2) Restaurant that was recently renovated with all new cutlery, crockery, glassware, tables and chairs, tile work, and interior design.
3) Banquet hall with 200 pax and big parking space, fibre optic internet connection, staff room.

Clientele type

We cater to pan india

Premises

OWNED

Premise Size: 1000 Sq Ft

Market Value (in INR): 7.00 Cr

Clear title commercial property

Asking Price Includes

The full property with all the required licenses and full setup of the restaurant and fully furnished guest house
Land, building, full setup with brand new steel kitchen equipment, fully furnished guest house, and full restaurant setup including freezers, billing software, chairs and tables.

Reason

Personal reasons

More Details


Business Overview
- Business that has been running for 23 years with a great brand name and it's next to the national highway   South Goa.
- Business has been growing every year which reflects in the sales.
- Business has beverage and food and drug licenses.( Gov of Goa )
- Government property valuation has been done recently.
- The guest house has 5 fully furnished rooms with a minimum occupancy rate of 50%.
- Restaurant has a seating capacity of 150 and there is additional space to increase the capacity.
- Banquet hall can accommodate 200 guests.
- There is also space for a swimming pool.
- Business has a single owner with no liabilities.
- Property has a crystal clear title, which is very rare to find nowadays in goa, so the buyer has peace of mind.
- It's a growth based business and will generate revenue from day one of purchase.

Facilities Overview
Owned plot area of 1,000 sq m with a built-up area of 957 sq m.
Real estate price will go 15 to 20% up In the next 12 months (  Ref : times of india )

Keywords

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₹10 to ₹200 Cr

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Before buying a 23 Year Old Running Guest House And Restaurant For Sale , check:
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  • Sales, profitability, and cash flow of the business should be considered
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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