Listing Details : LB-17115

Asking Price 17 Crs
Turnover 1.2 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

A fully operational hotel is up for sale in Kanpur, located in a prime and promising area. The property is set on a spacious 15,000 sq ft plot and boasts a built-up area ranging between 45,000 to 50,000 sq ft, spread across three floors along with a basement dedicated to parking, covering 12,000 sq ft. The hotel houses a total of 30 well-maintained rooms, which include 12 standard rooms, 12 premium rooms, and 6 deluxe premium rooms designed for maximum comfort. It also features a fully functional conference hall and a restaurant capable of accommodating up to 60 guests, occupying a space of approximately 1,200 sq ft. The staff includes 10 employees managing housekeeping, pantry, and overall operations. The property is being offered for sale as the current owner is looking to exit the business. This is an excellent opportunity for investors or hospitality entrepreneurs seeking to acquire a well-located, running establishment in one of Kanpur's key areas.

Year of Establishment

N.A

No. of Employees

10

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

Commercial

Describe Property

N.A

Competition / Market

Yes

Products & Services

Hotel and related Services

Growth Potential

High growth

Reason For Sale

Not have funds to expand

Financial Details

Contact Business