Serviced Apartment for Sale in Solan, India
Strategically located hotel and PG near a university and hospital, catering to diverse clientele.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 17.5 thousand |
| Run Rate Sales | USD 17.5 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels + 1 more |
| Locations | Solan |
| Local Time | 1:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
470 thousand
(Native Currency: INR 40,000,000)
Reason: The owner wants to sell the business due to other professional commitments.
Includes physical assets worth
USD
470 thousand
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Business Name
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Business Overview
- A strategically located 8-room hotel and PG facility near a university and hospital, catering to both tourists and professionals in the area.
- The facility generates an annual revenue between INR 12 to 15 lakhs, signaling a robust cash flow and high occupancy rates.
- Achieves 100% occupancy during July and August, predominantly from tourism traffic, highlighting its appeal and reliability as an investment.
- The PG accommodations serve a dynamic mix of students and hospital staff, ensuring a steady demand beyond the tourist season.
- With over 20 dedicated PG rooms across 2 floors complemented by 8 hotel rooms across 1 floor, the facility promises a diversified income stream without operational dining facilities.
- The unisex accommodation policy broadens potential clientele, enhancing occupancy potential.
- Proximity to a university and medical college hospital underlines its strategic importance, especially for professionals and students seeking extensive stay accommodations.
- The facility generates an annual revenue between INR 12 to 15 lakhs, signaling a robust cash flow and high occupancy rates.
- Achieves 100% occupancy during July and August, predominantly from tourism traffic, highlighting its appeal and reliability as an investment.
- The PG accommodations serve a dynamic mix of students and hospital staff, ensuring a steady demand beyond the tourist season.
- With over 20 dedicated PG rooms across 2 floors complemented by 8 hotel rooms across 1 floor, the facility promises a diversified income stream without operational dining facilities.
- The unisex accommodation policy broadens potential clientele, enhancing occupancy potential.
- Proximity to a university and medical college hospital underlines its strategic importance, especially for professionals and students seeking extensive stay accommodations.
Products & Services Overview
Offers accommodation services to both short-term tourists and long-term professionals, students and and hospital patient attendants. The hotel caters to tourists with high occupancy rates, achieving 100% during peak months like July and August, while the PG facility provides affordable, unisex accommodations for students and hospital staff year-round. Its proximity to major educational and healthcare institutions ensures a consistent demand for both short stays and extended residencies.
Assets Overview
Physical assets include own property of 3 floors which is ~ 80% of the total assets and the rest is furniture and fixtures.
Facilities Overview
Own property of 4,000 sq ft occupying 3 floors, located in Anji, Solan.
Capitalization Overview
Self-funded.No outstanding loans.
There is 1 owner in the business.
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