Listing Details : LB-18333

Asking Price 6 Crs
Turnover 8.6 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

A fully operational hotel with banquet facilities is available for sale in Nalagarh. Established in 2016, the property spans a land area of 550 sq. meters with a built-up area of 5,000 sq. ft. The hotel features 16 well-appointed rooms, including 1 suite, 8 deluxe rooms, and 7 standard rooms. It also houses a 4,000 sq. ft. multi-cuisine restaurant with 100-seat capacity, offering excellent dining potential. A spacious 5,000 sq. ft. banquet hall accommodates up to 200 guests, suitable for weddings, corporate events, and gatherings. Additionally, the ground floor (3,500 sq. ft.) is leased to a reputed restaurant franchise, generating a steady rental income of ₹55,000 per month. This is a great opportunity for hoteliers, investors, or hospitality chains looking to expand in a developing region with strong tourism and business potential. All licenses and operations are in place for immediate takeover.

Year of Establishment

2016

No. of Employees

8

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

Yes

Products & Services

The hotel features 16 well-appointed rooms, including 1 suite, 8 deluxe rooms, and 7 standard rooms. It also houses a 4,000 sq. ft. multi-cuisine restaurant with 100-seat capacity, offering excellent dining potential. A spacious 5,000 sq. ft. banquet hall accommodates up to 200 guests, suitable for weddings, corporate events, and gatherings. Additionally, the ground floor (3,500 sq. ft.) is leased to a reputed restaurant franchise, generating a steady rental income of ₹55,000 per month.

Growth Potential

Very High

Reason For Sale

Busy in other Businesses

Financial Details

Contact Business