Listing Details : LB-16925

Asking Price 7 Crs
Turnover 90 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Guest House
Business Listed By Business Owner

Overview

An excellent opportunity to acquire a well-established and fully operational hotel cum guest house in the heart of Lucknow. Established 35 years ago, this property enjoys a solid reputation and a loyal clientele. Located in a prime area with high footfall, the hotel is surrounded by commercial hubs, making it a preferred choice for both business and leisure travelers. The property is built on a 650 sq. yard plot with a total built-up area of 12,000 sq. ft. It features 23 fully furnished air-conditioned rooms designed for comfort and convenience. The hotel has all the necessary licenses and approvals in place, allowing for seamless operations from day one. It boasts a strong corporate clientele and consistent occupancy rates, driven by its strategic location and established presence. The premises are well-maintained and equipped to cater to the modern needs of travelers, making it an ideal investment for hoteliers, hospitality groups, or investors looking to tap into Lucknow’s growing tourism and business sectors.

Year of Establishment

1990

No. of Employees

20

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes

Products & Services

It features 23 fully furnished air-conditioned rooms designed for comfort and convenience. The hotel has all the necessary licenses and approvals in place, allowing for seamless operations from day one. It boasts a strong corporate clientele and consistent occupancy rates, driven by its strategic location and established presence.

Growth Potential

Very High

Reason For Sale

Busy in other Businesses

Financial Details

Listing Details : LB-16925

Asking Price 7 Crs
Turnover 90 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Guest House
Business Listed By Business Owner

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