Listing Details : LB-10738

Asking Price 20 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

A running hotel in prime location of Margao is available for sale. The hotel has ground and 5 floors. The hotel has 38 AC rooms with attached balcony and toilet, reception area, pub and restaurant, life facility, ample parking space, government parking in front of the hotel. The hotel is 1.2 km away from railway station and 20KM away from the airport. The plot area of the hotel is 1120 sq.mt. and the built up area is 23,349 sq.ft. There are some famous beaches near to the hotel named: Colva, Benaulim and Majorda Beach. There are 15 employees currently working with us to serve the guests in the hotel. Usually the occupancy of the hotel is 60-70 percent and the hotel has a franchise of OYO hotels.

Year of Establishment

2009

No. of Employees

15

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

The plot area of the hotel is 1120 sq.mt. and the built up area is 23,349 sq.ft.

Competition / Market

yes there is competition in the market

Products & Services

The hotel has 38 AC rooms with attached balcony and toilet, reception area, pub and restaurant, life facility, ample parking space, government parking in front of the hotel.

Growth Potential

The hotel is 1.2 km away from railway station and 20KM away from the airport. The plot area of the hotel is 1120 sq.mt. and the built up area is 23,349 sq.ft. There are some famous beaches near to the hotel named: Colva, Benaulim and Majorda Beach.

Reason For Sale

want to purchase another hotel.

Financial Details

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