Updated - 02-11-2023

3 STAR BUSINESS BOUTIQUE HOTEL IN PANAJI FOR SALE

Panaji, Goa, India

Hotels & Resorts

Asking Price
22 Crs

Category
Hotels & Resorts

Turnover
2 Crs

Sub Category
Hotels

Legal Entity
Private Limited

Business Listed By
Business Owner

Our boutique hotel having 15 rooms which can be expanded up to 20 rooms in 3 categories: standard, deluxe and suite is available for sale. It has land area of 233 Sqmt. with total built up is 5500 Sq. Ft having 5 floors. Each room is also equipped with In Room Infotainment System (IRIS) which enables our guests to avail of room service, house keeping service, net surfing as well as watch TV all from one system. We have Roof Top Banquet Hall which can easily accommodate 50 person is a styled banquet hall which is the perfect venue for any kind of conference, meetings, product launches or for any get together. Hotel also has pub and bistro which can house 200 people. Hotel with its whole setup is available for sale at a price of 22 crore.

Year of Establishment

2008

No. of Employees

25

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

22 Crs

Property Classification

N.A

Describe Property

233 Sqmt. Land Area with 5 floors

Competition / Market

Very competitive

Products & Services

Hotel with its setup

Growth Potential

Huge as it has space to build more rooms and has 90% occupancy throughout year

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Moving abroad

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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