Listing Details : LB-14561

Asking Price 110 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

This 3-star hotel in Faridabad, established 20 years ago, is now available for sale. The hotel is built on a total area of 2400 sq. yards and features 80 well-maintained rooms, each with an average starting cost of Rs 3500. In addition to the guest rooms, the hotel also includes four spacious banquet halls, making it a popular choice for events and gatherings. The hotel has a strong presence on all major online booking platforms like Goibibo, MakeMyTrip, and others, ensuring easy accessibility for guests. It is one of the most well-known hotels in the city, consistently attracting a steady flow of customers and maintaining high occupancy rates. This property is not just a hotel; it’s a profitable business with a solid reputation and a loyal customer base. Whether for individual stays or large events, the hotel has established itself as a trusted and preferred option for many. This is a rare opportunity to own a successful and well-established hotel in a prime location.

Year of Establishment

2003

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Ys we have some competition

Products & Services

The hotel is built on a total area of 2400 sq. yards and features 80 well-maintained rooms, each with an average starting cost of Rs 3500. In addition to the guest rooms, the hotel also includes four spacious banquet halls, making it a popular choice for events and gatherings.

Growth Potential

Very High

Reason For Sale

Moving out of country

Financial Details

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