A 3 Star Hotel Available for Sale in Lucknow

Lucknow, Uttar Pradesh, India

Hotels & Resorts

Asking Price
60 Crs

Category
Hotels & Resorts

Turnover
10 Crs

Sub Category
Hotels

Legal Entity
Proprietorship

Business Listed By
Representative

A 5-year-old 3-star hotel for sale in Lucknow. The hotel is set up on a land area of 2300 sq. meters and the Constructed area is 23000 sq. ft. The hotel is divided into 2 parts front parts have rooms and the back parts have banquets and a Restaurant. The hotel has 55 rooms with all the amenities and 24/7 room service facilities. The hotel has a Restaurant and bar with seating of 50+ Clients. The hotel has Banquets the carpet area of each is between 4000-2500 sq. ft. And it has a capacity for 500-700 people. The room tariff of a Hotel room is Rs3000-Rs7000. The occupancy of the hotel is always 60%-70% due to its prime location and accessibility of metro and bus transportation. It also has regular commercial and corporate activities.

Year of Establishment

2018

No. of Employees

60

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

Commercial

Describe Property

2300 sq.meters

Competition / Market

very few

Products & Services

3-star hotel for sale

Growth Potential

The occupancy of the hotel is always 60%-70% due to its prime location and accessibility of metro and bus transportation. I

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Financial reason

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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