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Business ID :- LB08865

A newly constructed Hotel looking for JV in Gangtok

India , Sikkim , Gangtok

  • Asking Price : 3.2 crores
  • Revenue : NA

Category

Hotels & Resorts

Sub Category

Hotels

Legal Entity

Proprietorship

State of Business

Others

Employees

20

Year of Establishment

2020

Assets

NA

Re-locatable

No

A newly constructed Hotel looking for JV in Gangtok

India , Sikkim , Gangtok

  • Asking Price : 3.2 crores
  • Revenue : NA

A Beautiful newly built hotel with a valley view and kings palace view in Gangtok is looking for a partner to start the operations. The hotel has a built up area of 20,000sqftwith 6 floors. It has 25 rooms out of which 10 rooms are 10% work is left. The hotel also has a restaurant cum bar of 50 people capacity, A Bakery with a Coffee shop having capacity of 30 people, a Party Hall with a capacity of 35 people and liquor shop of 150sqft with liquor license. The owner is looking for investment for expansion. Currently it has tie ups with booking partners.

Products & Services

25 rooms, liquor shop, bakery with a coffee shop, restaurant and bar, party hall

Competition / Market

hotels and resorts in sikkim

Growth Potential

Sikkim situated in the heart of north-east, a fine tourist location has attracted travelers and families round the year. The hotel attracts all kinds of tourists and travelers as provides all kinds of service other than stay facility. the owner has a long past experience of running hotels as well and belongs to Sikkim.

Reason for Sale

NA

Purpose of Joint Ventures

Financial

Nature of Joint Ventures

NA

Previous Investment

INR 6 crores

Proposed Deal Structure

Looking for investor for 25% share of the hotel business or investors split into different parts of hotel for investment.

Infrastructure Details

  • Type: Owned
  • Description: The hotel has a built up area of 20,000sqftwith 6 floors. It has 25 rooms out of which 10 rooms are 10% work is left.

Business Documents

Business Teaser/Executive Summary

Information Memorandum/Presentation

Business Plan

Additional Documents