Running Star Hotel Available for Sale in Jalandhar

Jalandhar, Punjab, India

Hotels & Resorts

Asking Price
6.5 Crs

Category
Hotels & Resorts

Turnover
1.5 Crs

Sub Category
Hotels

Legal Entity
Private Limited

Business Listed By
Business Owner

Running Star Hotel Available for Sale in Jalandhar. Total area is 6323 sqmt and built up area is 68000 sqft. There are 16 rooms in total (5 standard rooms, 3 Family rooms, 3 superior rooms, 5 family suite rooms). Room charges started from 1500/-. There are 2 banquets for weddings and functions. 1 banquet hall can accommodate up to 250 guests and a large main hall can accommodate up to 700 guests. Bride and groom changing rooms available. There is a restaurant and bar also in the hotel with the built up area 75*34 where 100 guests seating available. It's a multi cuisine restaurant. Open all day for breakfast, lunch, snacks and dinner. Fully licensed bar serving cold beers (draught and bottled) and spirits. Garden terrace with seating is also available. We are tied up with Oyo & Agoda.

Year of Establishment

2007

No. of Employees

40

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

4 Crs

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes we have some competitions

Products & Services

There are 16 rooms in total (5 standard rooms, 3 Family rooms, 3 superior rooms, 5 family suite rooms). There are 2 banquets for weddings and functions. There is a restaurant and bar also in the hotel where 100 guests seating available.

Growth Potential

Very High

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Moving out of India

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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