Listing Details : LB-21770

Asking Price 5 Crs
Turnover 50 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Banqueting
Business Listed By Business Owner

Overview

Established for 10 years in Ashta, near Bhopal, this thriving hospitality business spans a massive total area of 2,050 sq. yards. The property features a 4,000 sq. ft. built-up area across the ground and first floors, housing 12 hotel rooms that maintain an impressive 80% occupancy rate. Tariffs range from ₹1,200 to ₹1,600, with bookings streamlined through top online portals like Agoda and MakeMyTrip. The premier event venue boasts 2 indoor banquets holding up to 500 guests, alongside a grand open lawn accommodating up to 1,200 people. Commandingly priced at ₹1.50 Lakh per event, the venue secures 30 to 40 bookings monthly during peak seasons, generating substantial, consistent revenue. This is a turnkey, highly lucrative investment opportunity in a well-reputed property with an exceptional track record.

Year of Establishment

2016

No. of Employees

4

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

Commercial

Describe Property

commercial property

Competition / Market

not much

Products & Services

Hotel rooms and Banquets

Growth Potential

High

Reason For Sale

We having Furniture Business difficult to manage.

Financial Details

Listing Details : LB-21770

Asking Price 5 Crs
Turnover 50 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Banqueting
Business Listed By Business Owner

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