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Profitable Hotel for Sale in Pushkar, India

For Sale: Hotel with 15 rooms, a rooftop restaurant space, landscaping and a pool.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales Nil
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Pushkar
Local Time 4:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 570 thousand (Native Currency: INR 42,100,000)
Reason: We are promoters of new project & not into hotel industry. This project is complete & now require fu... View More
Includes physical assets worth USD 570 thousand
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Jamabandi
Business Overview

- Newly constructed hotel and marriage garden in Pushkar. It's a G+2 structure with 15 rooms, garden landscaping, covered swimming pool, jogging track, ample parking space, and direct connectivity to road.

- Construction of all the 15 rooms have been completed. However, the furnishing & interior work of 4 rooms are complete and the remaining rooms are pending.

- Full availability of water in bore well and government water supply connection available.

- Scope to set up tents in open areas, which is a common trend in Pushkar.

- Business generates revenue by giving out the gardens & furnished rooms for marriage / events. Our current year's revenue has declined due to COVID-19.

- Lush green, scenic and beautiful spot, business is located in a prominent area with many tourist attractions in the vicinity, famous spot for Pushkar fair, Brahma temple. Buyer can also use this location for naturopathy aromatherapy, yoga, and other recreational facilities as the property is free from noise, pollution, city crowd though situated nearby city, experience silence with the wildlife and birds.

- There is no registered business or hotel brand. The buyer will have to run the operations under their own brand.

Products & Services Overview

A newly constructed lush green locality hotel with 15 rooms, rooftop restaurant space, covered swimming pool, jogging track, and developed garden with beautiful landscape.

Assets Overview

Transfer of clear title ownership, land, and building registration. Includes all assets that are available on the property as of the date such as ground floor furniture and fixtures.

Facilities Overview

- Property is owned by the promoter, single title ownership.

- Plot size: width 125 sq ft, length 225 sq ft.

- G+2 building structure, the ground floor is fully furnished with a covered pool of 2,000 sq. feet area. First floor rooms are under the finishing phase. The total built-up area is 7,000+ sq. feet, plus additionally 3,000+ sq. feet rooftop open area for restaurant purposes.

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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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