Guest House for Sale in Shimla, India

For Sale: Privately owned B&B and guest house in Shimla that has 29 rooms.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 110 thousand
EBITDA Margin 20 %
Industries Guest Houses
Locations  Shimla
Local Time 4:26 AM Shimla
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: INR 76,500,000)
Reason: Retirement.
Includes physical assets worth USD 1 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Room
Building
Building View
Building Photo
Washroom
Reception
Room 1
Room 2
Room 3
Room 4
Room 5
Parking
Mountain View
Snow View
View 1
View 2
Business Overview

- Plot area is 377 square yards that has 4 floors building with attic and parking space for 15 cars. Total built-up area is 12,800 sq ft.

- Has the benefit of tax free income for 7 years as per the new policy of Himachal Tourism.

- 30% or INR 50 lakh subsidy on machines and building according to the new policy of Himachal Tourism.

- 70% subsidy on solar panels and no room tariff cap.

- Have a beautiful view with excellent connectivity.

- From now onwards 4+ attic floor + parking floor will never be approved after NGT reduced floor stories up to 2.5 for all future construction.

- Situated at a VIP posh hilltop area, this building gives a mountain view.

- Cera bathroom fittings & double charge Cera titles used on the floor. Aluminium powder coated insulated windows with double glass which are moisture-proof, soundproof, windproof & temperature control wood work done in all bedrooms.

- False ceiling, pop work is also done. Mica is used inside almirah for good finishing. Havells wiring and electrical fittings are done in the entire building.

- Have a beautiful front elevation with tiles, SS railing in balcony and stairs, granite used on stairs.

- Best connectivity for all tourist destination for entering & leaving from Shimla.

- Good location with ample water supply, electricity supply (power backup not required), and always well-maintained roads.

- Four-lane road is 500 meters away, the nearest point in Shimla city, 7 km from NH-5, Shoghi Mehli bypass is 200 meters, ISBT is 9 km, railway station is 7.7 km.

- Building has 2 B&B approvals 6+4 = 10 units consisting of 8 family suites (2 interconnected double family suite rooms =16 rooms) + 4 single rooms with attached washrooms + 1 small room = Total 21 rooms + Kitchen. 8 rooms can be made on the attic. Roof work and outer wall work is done.

- Provision of lift, attached balcony, water harvesting, CCTV, ample water storage.

- Note: - Guest House permission can be taken if desired but homestay is well suited to save taxes and avail other benefits as guests pay for location, amenities, services, quality of food.

Products & Services Overview

B & B approved guesthouse on the hilltop.

Assets Overview

Land, building, furniture, and electronics.

Facilities Overview
Recent Activity
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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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