Listing Details : LB-6892

Asking Price 5 Crs
Turnover N.A
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Guest House
Business Listed By Business Owner

Overview

The hostel is running since 7 years and is having a total land area of 2 bigha. The total constructed area is of 30,000 sq. ft. area with G+3 The hostel has 7000 sq.ft. for common facilities. The hostel is a co-ed one. The facilities include 72 rooms (all rooms are on a Double sharing basis)with standard furniture , office, indoor play area , water solar system and warden room etc. The place is near to a renowned university. There is also a provision to expand number of 24 rooms on top floor as they have permission for the construction with them. They attached balcony with every room in the hostel. They also have a outside play area and a indoor gym.

Year of Establishment

2014

No. of Employees

2

Current Status of Business

Closed

Business Relocatable

Yes

Property Type

Leased

Rental per Month

3 Lacs

Describe Property

2 Acres of total land area and The total constructed area is of 30,000 sq. ft. area with G+3 The hostel has 7000 sq.ft. for common facilities. 3 Lacs is rent.

Competition / Market

We have mild competition in the market.

Products & Services

The hostel is running with all facilities include 72 rooms (all rooms are on a Double sharing basis)with standard furniture , office, indoor play area , water solar system and warden room etc.

Growth Potential

Yes, with extra land available we have great potential to expand.

Reason For Sale

The concerned person is planning to retire.

Financial Details

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