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Hotel for Sale in Matheran, India

Acquire heritage hotel in Matheran: 60-year legacy, eco-zone location, loyal clientele, fully owned property.

Established 60-70 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 69 thousand
Run Rate Sales USD 69 thousand
EBITDA Margin 30 %
Industries Hotels
Locations  Matheran
Local Time 12:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.39 million (Native Currency: INR 120,000,000)
Reason: The promoter wants to focus on their main business venture.
Includes physical assets worth USD 1.1 million
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Business Overview
- Established heritage: Operating for 60 years, this 18-room hotel in Matheran is a historic landmark in a popular hill station, offering a unique blend of nostalgic charm and modern hospitality.
- Strategic location: Ideally located at the heart of Matheran, the hotel benefits from being in an eco-sensitive zone close to both the railway station and local market, enhancing its accessibility for tourists.
- Diverse accommodations: Features 2 large dormitories and 16 deluxe rooms, designed for budget-conscious travelers and complemented by meal-inclusive packages.
- Culinary attractions: Home to a well-regarded on-site restaurant, the hotel is famous for its authentic Gujarati thali, drawing in 60 to 80 customers monthly, including tourists and locals alike.
- Consistent patronage: Boasts a loyal customer base attracted to its simplicity, strategic location, and quality of service, achieving an impressive occupancy rate of 12 to 18 days per month, peaking over 20 days during high season.
- Comprehensive licensing: Secure operational footing with 10 critical licenses, including a Fire NOC, collector’s permissions, and an agro-tourism license, ensuring compliant and versatile service offerings.
- Eco-tourism potential: Positioned within an eco-sensitive zone, the hotel aligns perfectly with sustainable tourism trends, offering guests a serene natural retreat while promoting environmental responsibility.
Products & Services Overview
Top-selling offerings:
The hotel features 2 large dormitories and 16 standard deluxe, budget-friendly rooms, all offered with meals. It is nestled in the heart of nature within an eco-sensitive zone, and enjoys close proximity to the railway station and local market, making it highly accessible for travelers.
The on-site restaurant is renowned for its authentic Gujarati Thali, which is a major draw for both tourists and locals.
Assets Overview
Tangible assets:
- Land: INR 2.5 crore.
- Structures: INR 7 crore.
- Kitchen and other equipment: INR 10 lakh.
Facilities Overview
The hotel operates on 1 acre of owned land, featuring 4 physical structures, each comprising 4 to 5 spacious bedrooms measuring a minimum of 375 sq. ft. each. The property also includes a dining hall with a seating capacity of 70 guests.
Capitalization Overview
Sole proprietorship business. There are no loans or liabilities on the property or the business.
Recent Activity
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1 Buyer contacted 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.
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