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Serviced Apartment for Sale in Pernem, India

Turnkey hostel, bar/restaurant in Arambol with strong walk-ins, alcohol license, and steady cash flows.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 104 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 10 - 20 %
Industries Serviced Apartments + 1 more
Locations  Pernem
Local Time 10:28 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 88 thousand (Native Currency: INR 8,000,000)
Reason: The owner is relocating due to multiple health issues and seeking a quick sale.
Includes physical assets worth USD 33 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
• Profitable hostel, bar, and restaurant business located on the main beach road in Arambol, North Goa.
• Established over 6 years and built from scratch, now operating as a popular hospitality destination.
• Combines a lively bar, multi-cuisine restaurant, and backpacker hostel under one roof.
• Restaurant serves steaks, burgers, and wood-fired pizzas, and cocktails supported by a valid alcohol license.
• Receives 70–150 walk-in customers daily, driven by strong tourist and expat footfall.
• Hostel includes 2 dorms with 16 beds, maintaining around 50% occupancy and contributing 25–30% of total revenue. The remaining 70-75% of the revenue is generated from bar and restaurant operations.
• Generates average daily sales of approximately INR 30k–40k with no outstanding debt.
• Attracts backpackers, digital nomads, and international tourists due to its relaxed vibe and live music culture.
• Leasehold property spanning approximately 488 sq. meters, located just a 9-minute walk from Arambol Beach.
• Infrastructure includes an independent borewell, 23 kVA sanctioned load, double battery backup, plunge pool, custom furniture, and a fully equipped kitchen.
• Owner is seeking a quick sale due to health reasons and offers a complete handover including recipes, vendors, and operating procedures.
• Positioned as a turnkey opportunity in Goa’s high-growth tourism market with strong year-round demand.
Products & Services Overview
Steaks, burgers, wood-fired pizzas, alcoholic beverages, and backpacker accommodation serving tourists, expats, and digital nomads.
Assets Overview
Tangible assets:
- Kitchen equipment, furniture and all operational assets.
Facilities Overview
Prime location ground floor property of 488 sq. meters with plunge pool, yearly rent INR 7 lakh, seating capacity is 50+ with scope to expand.
Hostel is attached to the bar and restaurant, with 2 dorms offering 16 beds.
Capitalization Overview
100% ownership under a single proprietor, with no partners and completely debt‑free.
Recent Activity
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3 Buyers contacted this Business this month. Register below to connect now!
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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