Newly Established Hotel for Sale in Mogi Nand, India
Hotel in Mogi Nand with 15 rooms, banquet hall, and a restaurant with 30-40% occupancy.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 122 thousand |
| EBITDA Margin | 15 % |
| Industries | Hotels |
| Locations | Mogi Nand |
| Local Time | 11:20 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1 million
(Native Currency: INR 90,000,000)
Reason: The owner wants to venture into other businesses.
Includes physical assets worth
USD
1 million
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Business Overview
- The hotel is located in Mogi Nand situated on the main national highway.
- The hotel building, which commenced operations in January of this year, is a well-developed property with three floors and an additional fourth floor currently under development.
- The property includes 15 rooms, a banquet hall, a sweet shop, a restaurant, and parking facilities.
- The current occupancy rates are in the range of 30-40%, indicating the potential for increasing occupancy and revenue through effective marketing and operational strategies.
- Free land available behind the hotel property for expansion or for setting up any other business.
- Section 118 approved the property and has Town and Country Planning (TCP) registration.
- The hotel building, which commenced operations in January of this year, is a well-developed property with three floors and an additional fourth floor currently under development.
- The property includes 15 rooms, a banquet hall, a sweet shop, a restaurant, and parking facilities.
- The current occupancy rates are in the range of 30-40%, indicating the potential for increasing occupancy and revenue through effective marketing and operational strategies.
- Free land available behind the hotel property for expansion or for setting up any other business.
- Section 118 approved the property and has Town and Country Planning (TCP) registration.
Products & Services Overview
Hotel with 15 rooms, a banquet hall, a sweet shop, a restaurant, and parking facilities.Customers include both local and visiting tourists.
Assets Overview
Physical assets include:Land + building - INR 7.5Cr.
Furniture & fixtures - INR 1.5Cr.
Facilities Overview
Own hotel property with free land behind located in central Mogi Nand.Built-up area is 3.7 bigha, out of which 60% is the hotel premises and the rest is available for expansion or for setting up any other business.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
There are 3 shareholders.
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