A Pre-Leased Hotel available for Sale.

Zirakpur, Punjab, India

Hotels & Resorts

Asking Price
6 Crs

Category
Hotels & Resorts

Turnover
50 Lacs

Sub Category
Hotels

Legal Entity
Proprietorship

Business Listed By
Business Owner

A 2.5-year-old Newly Build Pre-Leased Hotel is available for outright sale in Zirakpur with a built-up area of 250 sq. yards Leased out for 6 years with 5% rent increase per year and receiving a monthly rent of Rs.3.25 Lac. The hotel is newly Built-up with 15 well-Furnished rooms, a banquet with a capacity of (70-80 persons)and a terrace restaurant with a lift. The room Tariff is Rs.1500-Rs.2000, and the hotel has daily occupancy of 70% to 80%. Can tie up with the online booking platform(OYO, Agoda, etc.)

Year of Establishment

2019

No. of Employees

0

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

with a built-up area of 250 sq. yards Leased out for 6 years with 5% acceleration per year and receiving a monthly rent of Rs.3.25 Lac.

Competition / Market

Very Few

Products & Services

The hotel is newly Built-up with 15 well-Furnished rooms, a banquet with a capacity of (70-80 persons)and a terrace restaurant with a lift

Growth Potential

Can tie up with the online booking platform(OYO, Agoda, etc.)

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Personal reason

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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