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Hotel Investment Opportunity in Gangtok, India

Hotel with 18 rooms in Gangtok offering accommodation, restaurant and package tours.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Gangtok
Local Time 4:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 24 thousand for 30.0% stake (Native Currency: INR 2,000,000)
Reason: To renovate the hotel to add more rooms and also to renovate the restaurant.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Documents
Lease Agreement
Trade License
CA Certificate
TAN certificate
GST Certificate
Business Overview

- Newly established business providing hotel accommodation. Also, has a restaurant in the hotel and offers package tours and permits.

- Hotel has 18 rooms and restaurant can seat 32 customers.

- We serve both veg and non veg at our restaurant.

- Won Trip Adviser award in the past.

- Have Conference Hall which can accommodate 100 people along with a parking facility.

- Hotel is located on Deorali Road, Gangtok, Sikkim, with a nice view of the landscape.

- Registered on Goibibo, OYO, Airbnb and other platforms recently and expecting good amount of bookings this season.

- Expecting around 30,000 bookings this year.

Products & Services Overview

We offer hotel accommodation, restaurant, taxi services, package tours and permits.

Facilities Overview

4 storey leased property of 10,000 sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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