A Running Guest House/Hotel for Sale in Bhubaneshwar

Business For Sale

Hotels & Resorts

06-11-2024

Listing Details : LB-12524

Asking Price	35 Crs
Turnover	1 Crs
Legal Entity	Proprietorship
Category	Hotels & Resorts
Sub Category	Guest House
Business Listed By	Business Broker

Contact Information

Overview

A running guest house/Hotel is available for sale in Bhubaneshwar. A 10-year-old operational hotel /guest house with a land area of 1200 sq/ yards and a built-up area of 10,000 sq /ft. The hotel is having 45 rooms with Safe Deposit Locker Facility, Reading Lamps, H/C Water, Complimentary Toiletries, Attached Bathroom, Desk, Room Heater, Child Care, Complimentary Newspaper, and Iron/Ironing Board. Doctor on Call, Laundry Facilities, The hotel has four floors with parking areas for 10 to 15 cars. The hotel has a canteen with a facility for veg and non-veg food types. The charges for an A.C Room are INR 1500 to INR1800 and for a Non-A.C room are INR 900 to INR 1000. It has 2 rooms for staff members and an open Kitchen also. In off season the occupancy of the hotel is 50 % to 60 % but in the season time, it expanded to 90%. The hotel also has a tie-up with the Oyo Hospitality chain. Right now hotel's income is Rs10 lakh plus per month if renovate that property you can earn more than Rs30 lakh per month.

Year of Establishment

2016

No. of Employees

Current Status of Business

Running

Business Relocatable

Property Type

Owned

Property Value

N.A

Property Classification

Commercial

Describe Property

land area of 1200 sq/ yards and a built-up area of 10,000 sq /ft.

Competition / Market

we have competitors.

Products & Services

Safe Deposit Locker Facility, Reading Lamps, H/C Water, Complimentary Toiletries, Attached Bathroom, Desk, Room Heater, Child Care, Complimentary Newspaper, Iron/Ironing Board.