Listing Details : LB-12993

Asking Price 65 Crs
Turnover 14 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

Running 2 Star Hotel Available for Sale located on the Mumbai-Goa highway in Raigad. District and operational since 2004. Situated on a 2-acre plot with a built-up area of 38,500 sqft, the hotel comprises three floors (expandable to a fourth floor). The accommodation includes 20 rooms (4 deluxe, 4 super deluxe, and 12 suites), along with 2 cottages offering an additional 20 rooms. The hotel features 3 restaurants, 1 lounge, and 2 banquet halls. There are also 30 offices within the premises. Parking facilities can accommodate 80 vehicles, including 40 cars and 40 two-wheelers. Strategically located on the highway, the hotel enjoys consistent high footfall.

Year of Establishment

2004

No. of Employees

65

Current Status of Business

Running

Business Relocatable

N.A

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

The hotel comprises three floors (expandable to a fourth floor). The accommodation includes 20 rooms (4 deluxe, 4 super deluxe, and 12 suites), along with 2 cottages offering an additional 20 rooms. The hotel features 3 restaurants, 1 lounge, and 2 banquet halls.

Growth Potential

Growth rate is high

Reason For Sale

Moving into another business

Financial Details

Listing Details : LB-12993

Asking Price 65 Crs
Turnover 14 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

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