Listing Details : LB-11412

Asking Price 7.5 Crs
Turnover 50 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

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.)

Reason For Sale

Personal reason

Financial Details

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