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Guest House for Sale in Varanasi, India

Homestay with 12 rooms and a banquet hall near River Ganga for sale.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Guest Houses
Locations  Varanasi
Local Time 10:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.8 million (Native Currency: INR 150,000,000)
Reason: The current owners are unable to manage the property and as there have been no operations, it is cos... View More
Includes physical assets worth USD 1.8 million
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Business Overview

- Heritage hostel located near River Ganga in Varanasi.

- The business has not been operation for 1.5 years due to the pandemic although a few guests have been catered to at the early stage of operations.

- The homestay was previously the heritage site where a famous poet resided.

- The homestay has 12 bedrooms and 1 banquet hall measuring 600 sq. ft.

- It is fully furnished and recently refurbished. The property was originally built in 1800.

- It is within 2-3 km of all famous landmarks in Varanasi and is accessible by vehicles.

Products & Services Overview

Heritage property turned into a homestay with 12 rooms and a banquet hall.

Assets Overview

The buyer would get the land, building, ACs, and all the attachments.

Facilities Overview

Property is spread over 4,000 sq. ft. area with a total constructed area of over 10,000 sq. ft. spread on 3 stories with terrace garden and rooftop garden. The land is owned by the business.

Capitalization Overview

- The business is owned by a family.

- The business is debt free.

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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