Newly Established Hotel for Sale in Chail, India
Non-operational 50-room hotel for sale in Chail, Shimla district, Himachal Pradesh.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Chail |
| Local Time | 2:16 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
10 crore
(Native Currency: INR 100,000,000)
Reason: Due to a lack of funds and bank interest, we are not able to complete the hotel construction.
Includes physical assets worth
INR
9 crore
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Revenue Department Certificate
(150.6 KB)
Gram Panchayat Certificate
(104.9 KB)
Business Overview
- Prime investment opportunity: under construction 50-room hotel for sale located in the picturesque Chail, Shimla district, Himachal Pradesh.
- Ideal for hospitality investors looking to capitalize on the burgeoning tourism market in the region.
- The hotel will offer comprehensive boarding and lodging services, catering to diverse guest needs.
- Situated in a popular tourist destination known for its natural beauty and historic significance, attracting a steady influx of visitors.
- Strong growth potential in a region with a rising trend in domestic and international tourism.
- Competitive edge by leveraging the serene environment and accessibility to nearby attractions.
- Registered in the Gram Panchayat and other approvals can be obtained after the completion of the construction.
- Ideal for hospitality investors looking to capitalize on the burgeoning tourism market in the region.
- The hotel will offer comprehensive boarding and lodging services, catering to diverse guest needs.
- Situated in a popular tourist destination known for its natural beauty and historic significance, attracting a steady influx of visitors.
- Strong growth potential in a region with a rising trend in domestic and international tourism.
- Competitive edge by leveraging the serene environment and accessibility to nearby attractions.
- Registered in the Gram Panchayat and other approvals can be obtained after the completion of the construction.
Products & Services Overview
The hotel will be providing boarding and lodging to guests.
Assets Overview
Tangible assets: 4,000 sq ft land and the 50 rooms structure with 3 studio apartments.We have spent INR 25k per square feet of construction.
Facilities Overview
Owned property, has a built-up area of 25,000 sq ft (G+6 floors).Plot area - 4,000 sq ft.
The brick and structure work is completed, and the hotel can be operational in 1.5 years when the construction is resumed.
Capitalization Overview
Has a bank loan of INR 4.5 crore and is a sole proprietorship.
Recent Activity
-
6 days, 1 hour agoDirector, Financial Services, Noida, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Hotel And Resorts, Anjuna, Individual Investor / Buyer connected with the Business
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