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Guest House for Sale in Kalimpong, India

Guest house offering food experiences and bird watching in Kolakham with 7 rooms.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 13.5 thousand
Run Rate Sales USD 13.5 thousand
EBITDA Margin 26 %
Industries Guest Houses
Locations  Kalimpong
Local Time 3:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 113 thousand (Native Currency: INR 10,000,000)
Reason: Owner is seeking to sell the business outright to focus on another business. Also open for investmen... View More
Includes physical assets worth USD 90 thousand
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Business Overview
- Situated in the scenic Kolakham region of Kalimpong, this guest house spans 5 acres, providing a perfect blend of natural beauty and comfortable accommodation.
- The guest house comprises 7 rooms, maintaining an occupancy rate of 40-50%, and a restaurant that caters to both tourists and locals, enhancing the guest experience with traditional food offerings.
- It has been in operation for 10 years, generating an annual revenue of approximately INR 12 lakhs, highlighting its established presence in the tourism sector.
- A small but dedicated team of 3 employees is integral to the operation, ensuring personalized services to guests.
- Guests can immerse themselves in unique activities such as bird watching in the surrounding forests and visiting local natural attractions like waterfalls.
- Despite lacking permits or licenses, the prime location offers significant potential for expanding accommodation options like hotels or homestays, inviting interest for partnerships or joint ventures.
- The owner is open to flexible business arrangements, including direct sale or leasing the establishment for up to 30 years, providing an intriguing opportunity for investors.
Products & Services Overview
Guest house rooms and a restaurant for tourists and locals.
Offers traditional food experiences and bird watching activities for tourists.
Assets Overview
Assets include the interiors of the guest house, all the furniture and electronics.
Facilities Overview
5 acres of own land with natural attractions like waterfalls and forests, no additional facilities. Land is not included in the selling price. Land cost will be around INR 1.5 cr extra.
Capitalization Overview
Single owner business with no loans or liabilities.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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