Business Overview
- Business that has been running for 23 years with a great brand name and close to the highway on South Goa.
- Business has been growing every year which reflects in the sales.
- The guest house is on the Belgaum highway.
- Business has liquor and food and drug licenses.
- Government property valuation has been done recently.
- The guest house has 5 fully furnished rooms with a minimum occupancy rate of 50%.
- Restaurant has a seating capacity of 150 and there is additional space to increase the capacity.
- The restaurant is open to everyone.
- Banquet hall can accommodate 200 guests.
- Newly built swimming pool.
- Property has a crystal clear title, which is very rare to find nowadays in Goa, so the lessee has peace of mind.
Products & Services Overview
1) Guest house with 5 AC rooms spread across 2 floors (fully furnished)
2) Restaurant that was recently renovated with all new cutlery, crockery, glassware, tables and chairs, tile work, and interior design.
Capitalization Overview
- The assets are owned by a sole proprietor and is debt free.
- It's a growth-based business and will generate revenue from day one of purchase.
Assets Overview
Tangible assets.
- Owned plot area of 1,000 sq m.
- Built-up area of 957 sq m.
- Banquet hall with 200 guests capacity.
- Newly built swimming pool.
Full Sale
Asking Price:
USD
760 thousand
(Native Currency: INR 67,000,000)
Reason:
- The owner has developed this business successfully and now wants to move away from the family busi...
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Includes physical assets worth
USD
680 thousand
Interested to connect with advisors
In talks with 3 Investors