Luxury Hotel for Sale in Ranikhet, India
For Sale: Luxury resort w/full wooden construction in a reserve forest with panoramic Himalayan views.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 220 thousand |
| Run Rate Sales | USD 233 thousand |
| EBITDA Margin | 10 % |
| Industries | Luxury Hotels + 1 more |
| Locations | Ranikhet |
| Local Time | 6:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.8 million
(Native Currency: INR 250,000,000)
Reason: The owners want to sell the land and the complete business due to lack of successors. The high valua...
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Includes physical assets worth
USD
2.2 million
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Documents
Side View
(47.1 KB)
Rear View
(53.6 KB)
Insides
(66.6 KB)
Interiors
(59.4 KB)
Independent Cottage
(84.5 KB)
Bedroom
(59.4 KB)
Main Building
(61.6 KB)
Cottage No.1
(84.4 KB)
Cottage No.2
(74.3 KB)
Winter Season View
(92.9 KB)
Night Time View
(40.3 KB)
Cottage No.3
(75.4 KB)
Evening View
(64.6 KB)
Himalayan View From the Resort
(44.5 KB)
Winter Time Snow
(66.1 KB)
Business Overview
- Luxury resort located in District Almora in Sult Jorasi range forest, features full wooden construction set within a scenic reserve forest, offering breathtaking panoramic views of the Himalayas and good wildlife along with excellent birding activities.
- The resort includes 10 spacious suites, comprised of 3 exclusive duplex suites, catering to a range of customer preferences for comfortable stays.
- The resort commenced operations a year and a half ago and is committed to the local tourism industry, having secured a permit from the tourism department.
- Currently maintaining a 45% occupancy rate, the resort is strategically positioned to attract nature lovers and adventure seekers in the Himalayas.
- Guests can enjoy an inviting lounge and a restaurant, allowing them to bring their own alcohol, as the resort does not possess an alcohol license.
- Targeting tourists visiting Jim Corbett, the resort aims to provide a serene getaway experience, enhancing the overall travel experience in the region.
- With a dedicated team of 5 employees, the resort focuses on delivering exceptional service and a memorable experience for all guests.
- The resort includes 10 spacious suites, comprised of 3 exclusive duplex suites, catering to a range of customer preferences for comfortable stays.
- The resort commenced operations a year and a half ago and is committed to the local tourism industry, having secured a permit from the tourism department.
- Currently maintaining a 45% occupancy rate, the resort is strategically positioned to attract nature lovers and adventure seekers in the Himalayas.
- Guests can enjoy an inviting lounge and a restaurant, allowing them to bring their own alcohol, as the resort does not possess an alcohol license.
- Targeting tourists visiting Jim Corbett, the resort aims to provide a serene getaway experience, enhancing the overall travel experience in the region.
- With a dedicated team of 5 employees, the resort focuses on delivering exceptional service and a memorable experience for all guests.
Products & Services Overview
Top selling services include stay in the suites for tourists visiting Jim Corbett.
Assets Overview
Tangible assets include:- Completely owned land of 1 acre (which is about 20.17 nali)
- The land can be valued at INR 40 lakh per nali. The land is worth INR 8.068 crore.
- Other building structure, civil work, building interiors, restaurant and lounge assets can be valued at upwards of INR 12 crore.
Intangible assets include:
- Tourism department permit from the authorities in Almora.
- Complete land registry documents free from any loans, liens, or disputes.
- Complete land certification as commercial land.
- Complete permits to operate in a reserved forest.
Facilities Overview
- Located on 1 acre owned property near Jim Corbett Park in the Jorasi Forest Range.- Property is located 80km away from Ranikhet.
- The property has a complete structure with 10 large suites, 3 of which are duplex suites.
- Complete built-up area of the constructed property is 13,000 sq. ft.
- The property has staff quarters as well.
- The land is officially converted to commercial area.
Capitalization Overview
- Land registry is in the name of 2 co-owners (husband and wife)- Loan free and dispute free.
Recent Activity
-
1 week, 4 days agoPartner, New Delhi, M&A Advisor connected with the Business
-
Earlier than 15 daysFounder/Promotor, Logistics, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Transportation, Faridabad, Corporate Investor / Buyer connected with the Business
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