Hotel Investment Opportunity in Deoghar, India

- A budget hotel and restaurant located in Deoghar, Jaharkhand.

- Hotel has 42 rooms and there are ground plus 2 floors constructed. The third floor is currently being constructed and there will be an additional 20 rooms on that floor.

- Construction is expected to be completed in a few months.

- Business has not been operational since the lock-down started.

- Used to have an occupancy rate of 65-75% throughout the year.

- The restaurant services multi-cuisine: Indian, Chinese, Continental, and is open to the public and not just the hotel guests.

- Used to bill an average of Rs. 30,000 per day.

- There is a maximum seating capacity of 50 pax.

- Revenue generation from the hotel and restaurant is approximately 50-50.

- The revenue has fallen this year due to the affects of the pandemic on the market.

Budget hotel with 42 rooms. 20 additional rooms are begin constructed.

Multi-cuisine restaurant with a maximum seating capacity of 50 pax.

Physical assets include:

- Property & built-up area.

- Land.

- Furniture & interiors.

- Kitchen equipments.

Property is company owned and has a built up area of 51,000 Sq. Ft.