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Guest House for Sale in Pindwara, India

For Sale: Guesthouse with 20 rooms that can accommodate 50 - 120 clients at a time.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Other
Reported Sales USD 7 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 10 - 20 %
Industries Guest Houses
Locations  Pindwara
Local Time 10:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 290 thousand (Native Currency: INR 25,000,000)
Reason: Owner wants to relocate to a different city.
Includes physical assets worth USD 290 thousand
Documents
Udyog Aadhaar
Business Overview
- Guesthouse that's located in close proximity to manufacturing giants like Binani Industries and L&T. We are placed next to a forest area and there is a bank branch and a telephone exchange within walking distance to the guesthouse. There are also many mini-malls and bank branches with 50 meters of walking distance.
- The guesthouse has the capacity to accommodate 50-120 clients at a time but we usually receive bookings for 50 - 70 clients. We primarily cater to blue collar workers. Our clients are charged INR 2,000- 2,500/monthly.
- Run rate sales have dropped due to the ongoing pandemic.
- The guesthouse has 20 rooms spread across 4 floors. Each room has an area of 64 square feet. The rooms are equipped with a fan and some mattresses. Besides that, we also have a two large hall area to entertain our clients.
- We have 5 toilets available with bath attached. There is 24/7 water and electricity available.
- The guesthouse has a parking facility available that can accommodate up to 7 cars at a time.
- We have hired 4 toilet cleaners and 4 workers for dusting and sweeping the facility.
Products & Services Overview
We provide guesthouse accommodation facilities to our clients.
Assets Overview
The entire property with a ground area of 1,050 square feet and the built-up infrastructure (building with ground + 4 floors).
Facilities Overview
Ground area of the property is 1,050 square feet. 20 rooms are available with an area of 64 square feet each besides two large halls and 5 toilets. Building has ground + 4 floors. The property is owned by the promoter.
Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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