Hotel for Sale in Basti, India
28-room fully furnished hotel situated at the heart of Basti district just 55km from Ayodhya.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 6.7 thousand |
| Run Rate Sales | USD 6.7 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Basti |
| Local Time | 9:19 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
390 thousand
(Native Currency: INR 35,000,000)
Reason: Owner is retired and won't be able to manage the business hence selling this. The valuation is based...
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Includes physical assets worth
USD
168 thousand
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Hotel Map
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Business Overview
- Hotel with a 3-story building.
- We have 28 fully furnished rooms with attached washrooms.
- The owner has operated in Basti district for over 30 years.
- We currently run at about 60% occupancy rate but pre covid these numbers were much higher at about 70-80%.
- Have all the required registrations and licenses.
With regards to our location highlights:
- We are located at the main market area, and near colleges, attracting students and workers from nearby villages to our lodge.
-We are located 5 minute away from railway station and bus stand which makes property easy accessible.
- We are located approximately 55km (45min to 1 hr drive) from the Ram lala mandir at Ayodhya.
- About 1-hour drive to Chhapaiya mandir (dedicated to lord Rama)
- We are also close to Hanuman Garhi temple with beautiful architecture.
Other attractions include-:
Kushinagar: - Approx 1.5-hour drive to Kushinagar via.
Gorakhpur.
History of Kushinagar: - Kushinagar is the final resting place of Gautama Buddha and thus is considered to be the most important pilgrim spots for Buddhist followers.
- We have 28 fully furnished rooms with attached washrooms.
- The owner has operated in Basti district for over 30 years.
- We currently run at about 60% occupancy rate but pre covid these numbers were much higher at about 70-80%.
- Have all the required registrations and licenses.
With regards to our location highlights:
- We are located at the main market area, and near colleges, attracting students and workers from nearby villages to our lodge.
-We are located 5 minute away from railway station and bus stand which makes property easy accessible.
- We are located approximately 55km (45min to 1 hr drive) from the Ram lala mandir at Ayodhya.
- About 1-hour drive to Chhapaiya mandir (dedicated to lord Rama)
- We are also close to Hanuman Garhi temple with beautiful architecture.
Other attractions include-:
Kushinagar: - Approx 1.5-hour drive to Kushinagar via.
Gorakhpur.
History of Kushinagar: - Kushinagar is the final resting place of Gautama Buddha and thus is considered to be the most important pilgrim spots for Buddhist followers.
Products & Services Overview
We are a hotel with 28 rooms, situated in the main market area at Basti, attracting students and individuals from nearby villages who come to basti for work.
Assets Overview
Tangible assets include the entire hotel which includes land, building and furniture and fixtures.
Facilities Overview
The property has a land area of about 4,760 Square feet, The building has 3 floors, spacious hall in ground floor, reception & kitchen space also. The land belongs to the business.
Capitalization Overview
The business is owned by one person who holds 100% of the company. There are no loans on the business at the moment.
Recent Activity
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Earlier than 15 daysManaging Director, Hospitality And Tourism, Gurgaon, Individual Investor / Buyer connected with the Business
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