Running Hotel Available for Sale

Business For Sale

Hotels & Resorts

09-12-2024

Listing Details : LB-12755

Asking Price	2.5 Crs
Turnover	50 Lacs
Legal Entity	Proprietorship
Category	Hotels & Resorts
Sub Category	Hotels
Business Listed By	Business Owner

Contact Information

Overview

A hotel in Hoshiarpur, Punjab, is currently available for sale, offering a total area of 5500 sqmt and a built-up area of 15000 sqft across three floors. The ground and first floors operate as a fully functional hotel with a total of 40 identical rooms, serviced by an available lift. Additionally, the second floor is utilized for a student PG, generating a monthly income of 1.5 lakhs. The hotel is strategically located near universities, ensuring a consistent and substantial footfall. To maximize visibility and bookings, the property is listed on various online portals such as Go Ibibo, Make My Trip, Booking.com, Agoda, and others. The parking area can accommodate 7 cars and 20 bikes. The uniformity of the rooms and the reliable operation of the hotel make it an attractive opportunity.

Year of Establishment

N.A

No. of Employees

Current Status of Business

Running

Business Relocatable

Property Type

Owned

Property Value

1 Crs

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes we have some competitor

Products & Services

The ground and first floors operate as a fully functional hotel with a total of 40 identical rooms, serviced by an available lift. Additionally, the second floor is utilized for a student PG, generating a monthly income of 1.5 lakhs.