Listing Details : LB-16089

Asking Price 35 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

A well-established 3-star hotel in Panchkula is available for sale. The property spans 418 sq. meters with a built-up area of 18,000 sq. ft. across a basement, ground floor, and two upper floors. The hotel features 13 well-appointed rooms, all designed with uniform aesthetics and modern amenities. It includes a banquet hall in the basement with a seating capacity of 180 guests, making it ideal for events, conferences, and social gatherings. Dining options include a multicuisine restaurant with 80 seats, offering a diverse menu to cater to various tastes. Additionally, the hotel boasts a rooftop restaurant and bar with a seating capacity of 200, providing guests with a premium dining experience and a great ambiance. The property offers ample parking space and a well-maintained lawn, enhancing convenience for guests. Strategically located in a prime area, the hotel benefits from consistent footfall and strong business potential.

Year of Establishment

N.A

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes

Products & Services

The hotel features 13 well-appointed rooms, all designed with uniform aesthetics and modern amenities. It includes a banquet hall in the basement with a seating capacity of 180 guests, making it ideal for events, conferences, and social gatherings. Dining options include a multicuisine restaurant with 80 seats, offering a diverse menu to cater to various tastes.

Growth Potential

Very High

Reason For Sale

personal reason

Financial Details

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