Listing Details : LB-20537

Asking Price 16 Crs
Turnover 2 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

A well-established hotel for sale in Calangute, located in the prime area of North Goa, presents a strong investment opportunity in one of India’s most sought-after tourist destinations. Established in 2016, the property is built on a 525 sq. ft. land parcel and comprises four floors with dedicated parking space. The hotel features 24 well-appointed deluxe rooms, a fully operational restaurant facility, and a famous QSR operating on a rental basis, creating an additional steady income stream. The property also includes a spacious hall that can be converted into a bar or lounge to further enhance revenue potential. With a team of 12 employees managing day-to-day operations, the hotel generates an annual turnover of approximately ₹2 crore and operates under a sole proprietorship structure. The business also benefits from strong online tie-ups with leading travel platforms such as MakeMyTrip and Goibibo, ensuring consistent bookings and occupancy rates.

Year of Establishment

2016

No. of Employees

12

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Operating in the bustling tourist hotspot of Calangute, the hotel benefits from strong year-round demand despite a competitive hospitality landscape.

Products & Services

24 deluxe rooms, in-house restaurant, rental QSR outlet, banquet hall space with bar potential, and strong online booking tie-ups ensuring steady occupancy and revenue.

Growth Potential

Very High Growth Potential

Reason For Sale

Retirement

Financial Details

Listing Details : LB-20537

Asking Price 16 Crs
Turnover 2 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

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