Asking Price | 50 Lacs |
Turnover | 50 Lacs |
Legal Entity | Proprietorship |
Category | Real Estate |
Sub Category | Hostels |
Business Listed By | Business Owner |
A profitable hostel business located in Pune, Maharashtra, is available for sale (excluding the property). The hostel operates on a 4,000 sq. ft. plot with a ground floor plus three additional storeys, providing ample space for accommodations. It features 10 flats specifically designed to house doctors, ensuring a comfortable and professional living environment. Additionally, the business has a corporate tie-up with a prominent healthcare group, offering stable and consistent occupancy. The average rental income per flat ranges between ₹8,000 and ₹12,000 per month, ensuring a steady revenue stream. The property itself is not for sale, but the buyer will have the opportunity to continue running the hostel on a rental basis. This is an excellent opportunity for those looking to invest in a profitable and well-established business in a prime location with a niche clientele. With a proven track record of profitability and stable operations, this hostel is ideal for investors aiming to enter the hospitality or rental business in Pune.
2023
3
Running Profitable
No
Owned
N.A
Commercial
Own property but is not available for sale. The property is available for rental basis
Yes, competition is there
A running Hostel for the accomodation of Doctors
Very high growth potential
Personal reasons
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Asking Price | 50 Lacs |
Turnover | 50 Lacs |
Legal Entity | Proprietorship |
Category | Real Estate |
Sub Category | Hostels |
Business Listed By | Business Owner |