Hotel for Sale in Narkand, India
For Sale: Well-established 5-storey-hotel with 65%+ occupancy, located near ski slopes and popular tourist destinations.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 210 thousand |
| Run Rate Sales | USD 210 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Narkand |
| Local Time | 4:39 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
750 thousand
(Native Currency: INR 65,000,000)
Reason: The promoter is 65 years old and is planning to retire from the business.
Includes physical assets worth
USD
750 thousand
Interested to connect with advisors
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Business Name
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Documents
GST Registration Certificate
(119.9 KB)
Pollution Control Board Certificate
(92.4 KB)
FSSAI License
(65.3 KB)
Business Overview
- Located in Narkanda, the hotel enjoys a high average occupancy rate of 65 to 70%, showcasing its popularity among travellers.
- Offers a complete accommodation experience complemented by an on-site restaurant, providing breakfast, lunch, and dinner options.
- Serves a wide variety of culinary options with both vegetarian and non-vegetarian meals available, catering to diverse guest preferences.
- The hotel's strategic location in a pristine area makes it an attractive destination for nature enthusiasts and vacationers.
- Operates efficiently with a lean team of 8 employees, ensuring personalized service and operational agility.
- Opportunities for expansion or enhancement of services given the steady year-round occupancy rates and desirable location.
- Offers a complete accommodation experience complemented by an on-site restaurant, providing breakfast, lunch, and dinner options.
- Serves a wide variety of culinary options with both vegetarian and non-vegetarian meals available, catering to diverse guest preferences.
- The hotel's strategic location in a pristine area makes it an attractive destination for nature enthusiasts and vacationers.
- Operates efficiently with a lean team of 8 employees, ensuring personalized service and operational agility.
- Opportunities for expansion or enhancement of services given the steady year-round occupancy rates and desirable location.
Products & Services Overview
The hotel is situated in a pristine location, offering accommodation and a restaurant for guests.
Assets Overview
Tangible assets:- Land value - INR 1.25 crore.
- Building valued at INR 6 crore.
The assets are valued at INR 7.25 crore but are being offered at a discounted valuation of INR 6.5 crore.
Facilities Overview
Operates from owned premises.- Total land area - 2,150 sq ft.
- Built-up area - 9,000 sq ft.
- 5 floors with parking, restaurant and dining.
- Has a total of 13 rooms and can accommodate 50 guests at a time.
- Has 4 additional rooms for staff and owner.
Prime location: located near a high-altitude ski slope just 300 meters away, with Hattu Peak located 8 km and Tanujuber Lake 9 km away from the hotel. The Stock Apple Farmhouse with a view of the Satluj River is only 15 km from the hotel.
Capitalization Overview
Has a small loan of INR 15 lakh.The business is a sole proprietorship.
Recent Activity
-
Earlier than 15 daysFounder, Consulting Services, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
-
Earlier than 15 daysDirector, Construction Services, Deoghar, Individual Investor / Buyer connected with the Business
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