Listing Details : LB-7354

Asking Price 55 Crs
Turnover 8 Crs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

A hotel running for past 10 years on a total land area of 1000 sq.mtrs with 8 storied building is available for a takeover in Chandigarh. The hotel is a 3 star property having 40 well furnished rooms, a restaurant having a capacity of 60 people, a bar for 30 people and a banquet hall which is in the basement for 300 people. There is a parking facility of about 100 cars outside the hotel premises as well. The hotel is registered with all third party aggregators for bookings. It has 2 conference halls that can accomodate 20 + 30 people for a board meeting as well.

Year of Establishment

2011

No. of Employees

60

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

20 Crs

Property Classification

N.A

Describe Property

total land area of 1000 sq.mtrs with 8 storied building

Competition / Market

Yes,there is a competition with other hotel.

Products & Services

The hotel is a 3 star property having 40 well furnished rooms, a restaurant having a capacity of 60 people, a bar for 30 people and a banquet hall which is in the basement for 300 people.

Growth Potential

Yes,there is a growth potential.

Reason For Sale

Reconstruction

Financial Details

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