Listing Details : LB-10730

Asking Price 75 Crs
Turnover 3 Crs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

A Running 4 Star Hotel located at a very prime location of Shimla is available for Sale. The total area is 1.5 acres and the built up area is 70,000sqft. The hotel is given on lease and rental received is Rs 3 crores annually. The Hotel has a banquet hall, a conference hall, a multi-cuisine restaurant, a bar with valley view, a health club, a business center, children recreation room, centrally heated rooms, public area, car parking for 50 cars and services like doctor on call, pool table, laundry, travel desk. The hotel has 83 rooms with the 400 guests accommodation capacity.

Year of Establishment

2002

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

The total area is 1.5 acres and the built up area is 70,000sqft.

Competition / Market

Yes there is a competition in the market

Products & Services

The Hotel has a banquet hall, a conference hall, a multi-cuisine restaurant, a bar with valley view, a health club, a business center, children recreation room, centrally heated rooms, public area, car parking for 50 cars and services like doctor on call, pool table, laundry, travel desk.

Growth Potential

Yes there is a growth potential in the business

Reason For Sale

moving to other business

Financial Details

Listing Details : LB-10730

Asking Price 75 Crs
Turnover 3 Crs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

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