Listing Details : LB-21321

Asking Price 10 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

This is a rare opportunity to acquire a well-established and fully operational hotel located in the scenic region of Sikkim. Strategically positioned on a commercial roadside property measuring 120x80 sq. ft., the hotel enjoys excellent visibility and accessibility, making it an attractive destination for both tourists and business travelers. The hotel is built on a spacious carpet area of 70x80 sq. ft. and features 27 well-appointed rooms (keys), designed to provide comfort and a premium stay experience. The property also includes a fully functional conference hall, making it ideal for corporate events, meetings, and group bookings. In addition, the hotel houses a bar and restaurant that cater to both in-house guests and walk-in customers, offering a complete hospitality experience.A major highlight of the property is its swimming pool, which enhances the overall guest experience and adds to the luxury appeal of the hotel. The combination of modern amenities and prime location ensures consistent occupancy and strong customer retention.

Year of Establishment

2014

No. of Employees

27

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

While there are several hotels and guesthouses in the region, this property stands out due to its prime roadside location, larger room inventory, and additional amenities like a conference hall and swimming pool. However, competition from boutique hotels and budget accommodations requires consistent service quality and marketing efforts to maintain a competitive edge.

Products & Services

The hotel offers a wide range of hospitality services including accommodation, food and beverage services, bar operations, event hosting through its conference hall, and leisure facilities like the swimming pool. Additional services include room service, housekeeping, front desk assistance, and travel support for guests.

Growth Potential

Sikkim is a rapidly growing tourist destination, attracting both domestic and international visitors. The hotel has strong potential for growth through digital marketing, tie-ups with travel agencies and online booking platforms, and expansion of event-based services such as destination weddings and corporate retreats. Upgrading interiors or branding the property under a boutique or premium category can further increase revenue.

Reason For Sale

The owners are looking to sell the business due to the unavailability of family members to manage and operate the hotel, creating an excellent opportunity for a new owner to take over a running and profitable hospitality venture.

Financial Details

Listing Details : LB-21321

Asking Price 10 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

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