Listing Details : LB-12340

Asking Price 15 Crs
Turnover 1.5 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

A hotel for sale in Chandigarh. The hotel is established on a total land area of 390 SQ. YD. and the covered area of 12,500 sq. ft basement + 5 floors. The basement is used as a Banquet hall fully AC and renewed with a capacity of 100-110 people. The Ground floor is used as a Reception, restaurant, fully AC and renewed live kitchen, rear kitchen & dry kitchen. The first, second and third floor each has Six rooms fully furnished and AC, The fourth floor has Three rooms attached bathrooms for the staff. The room tariff of the hotel room is according to the occupancy single occupancy Superiors room Charges are Rs 3000 for Double Occupancy Rs 3500, single occupancy Deluxe room Charges are Rs 3000 for Double Occupancy Rs 4000, and for the executive rooms charges are Rs6000

Year of Establishment

2016

No. of Employees

15

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

Commercial

Describe Property

total land area of 390 SQ. YD. and the covered area of 12,500 sq. ft basement + 5 floors

Competition / Market

we have competitors

Products & Services

hotel for sale

Growth Potential

growth rate is high.

Reason For Sale

shifting to another country.

Financial Details

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