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Newly Established Guest House for Sale in Araku, India

2,400 sqft plot with farmhouse in Araku Valley suitable for guesthouse or farm stay business.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Guest Houses
Locations  Araku
Local Time 2:23 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 93 thousand (Native Currency: INR 8,000,000)
Reason: Has another investment plan so selling it out.
Includes physical assets worth USD 93 thousand
Interested to connect with advisors
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Business Name
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Documents
Open Kitchen
Business Overview
Vacant farmhouse in a tourist and village location. Located in close proximity to Araku Valley, a serene hill station located 115 km away from Vishakhapatnam.
This farmhouse is very good for running a resort/guest house business or for running a cattle business.
Has 3 bedrooms and 2 attached toilets.
The promoter is an architect and constructed the property for commercial purposes.
Currently, the property is set up on a plot suited for agricultural and residential purposes only. The buyer will have to request a zoning modification before commencing operations commercially.
Products & Services Overview
The property is located in the midst of a 90-acre farmland and is currently vacant.
Assets Overview
Land and built-up property.
Furniture, bed, TV and other furnishings.
Facilities Overview
Own property on a 2,400 sq ft plot. The plot is located amid a 90-acre farmland which is not a part of this transaction. Carpet area is 1,250 sqft.
Capitalization Overview
It is currently vacant and is not operating as a business. Its a freehold property, and there are no debts or liabilities.
Recent Activity
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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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