Guest House for Sale in Varanasi, India
Homestay with 12 rooms and a banquet hall near River Ganga for sale.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Guest Houses |
| Locations | Varanasi |
| Local Time | 2:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.73 million
(Native Currency: INR 150,000,000)
Reason: The current owners are unable to manage the property and as there have been no operations, it is cos...
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Includes physical assets worth
USD
1.73 million
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Documents
Registration from Ministry of Tourism
(534.9 KB)
GST Certificate
(275.6 KB)
Business Overview
- Heritage hostel located near River Ganga in Varanasi.
- The business has not been operation for 1.5 years due to the pandemic although a few guests have been catered to at the early stage of operations.
- The homestay was previously the heritage site where a famous poet resided.
- The homestay has 12 bedrooms and 1 banquet hall measuring 600 sq. ft.
- It is fully furnished and recently refurbished. The property was originally built in 1800.
- It is within 2-3 km of all famous landmarks in Varanasi and is accessible by vehicles.
- The business has not been operation for 1.5 years due to the pandemic although a few guests have been catered to at the early stage of operations.
- The homestay was previously the heritage site where a famous poet resided.
- The homestay has 12 bedrooms and 1 banquet hall measuring 600 sq. ft.
- It is fully furnished and recently refurbished. The property was originally built in 1800.
- It is within 2-3 km of all famous landmarks in Varanasi and is accessible by vehicles.
Products & Services Overview
Heritage property turned into a homestay with 12 rooms and a banquet hall.
Assets Overview
The buyer would get the land, building, ACs, and all the attachments.
Facilities Overview
Property is spread over 4,000 sq. ft. area with a total constructed area of over 10,000 sq. ft. spread on 3 stories with terrace garden and rooftop garden. The land is owned by the business.
Capitalization Overview
- The business is owned by a family.- The business is debt free.
Recent Activity
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
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Earlier than 15 daysOwner, Hospitality, Gurgaon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
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