↩ Go Back
Need help?

Hotel for Sale in Basti, India

28-room fully furnished hotel situated at the heart of Basti district just 55km from Ayodhya.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 7 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Basti
Local Time 6:39 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 660 thousand (Native Currency: INR 55,000,000)
Reason: Owner is retired and won't be able to manage the business hence selling this. The valuation is based... View More
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Hotel Map
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 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.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

46 Buyers viewed this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more