Listing Details : LB-21252

Asking Price 48 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

This well-established this premium hospitality property offers an excellent investment opportunity in one of Sikkim’s fastest-growing tourism zones. Spread across 24,000+ sq. ft., the hotel features 47 well-appointed rooms along with modern infrastructure designed for leisure, corporate, and event-based hospitality. The property includes a banquet hall with a capacity of 150–200 guests, a restaurant with 54 covers, a 20-cover bar, landscaped lawn for outdoor events, and separate adult & child swimming pools. Guests enjoy premium amenities including free high-speed Wi-Fi, ample parking, 24×7 room service, housekeeping, front desk support, gym, gaming zone, and kids play area. Rooms are equipped with LED TVs, mini-fridge, tea/coffee maker, work desk, air conditioning, power backup, plush bedding, soundproofing, and modern bathrooms with 24×7 water supply. The location offers pleasant weather, scenic valley views, strong road connectivity, and rapid development potential with comparatively limited premium competition in the surrounding area. Multiple revenue streams from rooms, banquets, restaurant, bar, weddings, and tourism activities make this a highly scalable business opportunity. The property is being offered for sale due to limited family manpower to manage multiple assets.

Year of Establishment

N.A

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

N.A

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

The property offers excellent business potential due to its strategic location and growing tourism demand in the Gangtok region.

Products & Services

Hotel Accommodation & Premium Stay Restaurant & Dining Services Bar & Lounge Services Banquet & Event Hosting Destination Weddings & Celebrations Corporate Meetings & Group Bookings Swimming Pool Access Family & Tourism Packages Room Service & Hospitality Support Recreational Facilities (Gym, Gaming Zone, Kids Area)

Growth Potential

Rapid development in Sirik, Bojoghari area Increasing tourist inflow near Gangtok Strong opportunity for destination weddings and events Limited premium hotel competition nearby Multiple revenue streams from rooms, banquets, food & beverage, and tourism activities Excellent long-term appreciation potential due to location and infrastructure growth Ideal for expansion into luxury hospitality or resort-style operations

Reason For Sale

The property is being offered for sale due to limited family manpower available to manage multiple properties and business operations. The owners are seeking a suitable investor or hospitality operator who can further develop and scale the business to its full potential.

Financial Details

Listing Details : LB-21252

Asking Price 48 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

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