Small Guest House for Sale in Vithura, India
Full Sale: Prime guest house with proven service and future expansion opportunities: 40 cents land.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | INR 7 lakh |
| Run Rate Sales | INR 3 lakh |
| EBITDA Margin | Nil |
| Industries | Guest Houses |
| Locations | Vithura |
| Local Time | 1:09 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
2.8 crore
(Native Currency: INR 28,000,000)
Reason: The promoter plans to pursue a career in art and training in Bangalore, where his family is settled.
Includes physical assets worth
INR
2.8 crore
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Located in Vithura, this guest house operates on prime property with land and buildings included in the sale.
- To date, the business has been operating with just one cottage, but sales are expected to increase significantly with the addition of the newly built amenities.
- Proven service offering: Accommodation for guests, focusing on comfort and personalized service.
- Despite a decline in sales due to the recent Wayanad flood tragedy, there is potential for recovery as tourism in Kerala rebounds.
- Strategic positioning in a tourist-friendly location, poised for growth as local tourism infrastructure improves.
- Minimal operational costs, with only one employee managing the business, allowing for streamlined operations and higher profit margins post-recovery.
- The business has an NOC from the police and will get the necessary approvals required.
- To date, the business has been operating with just one cottage, but sales are expected to increase significantly with the addition of the newly built amenities.
- Proven service offering: Accommodation for guests, focusing on comfort and personalized service.
- Despite a decline in sales due to the recent Wayanad flood tragedy, there is potential for recovery as tourism in Kerala rebounds.
- Strategic positioning in a tourist-friendly location, poised for growth as local tourism infrastructure improves.
- Minimal operational costs, with only one employee managing the business, allowing for streamlined operations and higher profit margins post-recovery.
- The business has an NOC from the police and will get the necessary approvals required.
Products & Services Overview
The business's top-selling service:- Providing accommodation to guests.
Assets Overview
Tangible assets:- 40 cents land worth INR 2 crore.
- Buildings worth INR 50 lakh.
- Kitchen equipment and other tools.
Facilities Overview
The business operates from an owned 40 cents land.Key highlights.
- 1-BHK luxury earthen cottage: Only 1 year old, this elegant cottage is built with natural materials and offers a luxurious stay near a pristine river.
- New multi-purpose hall: A spacious 30ft x 14ft hall, perfect for events or gatherings, along with 2 stylish attached bathrooms.
- 2-BHK earthen house: Newly constructed, this charming 2-bedroom house is set on 40 cents of land, offering direct access to the river and the state highway.
Land and location: The property is located in Vithura Kallar, a popular and bustling tourist destination in the Trivandrum district. The entire land is fully developed with basic infrastructure already in place.
- Fruit orchard: The property includes fruit trees that are 5 years old and are now starting to flower, providing both beauty and potential harvest.
Capitalization Overview
No loans.The business has 2 partners with 60/40 stakes.
Recent Activity
-
Earlier than 15 daysManaging Director, Hotels And Resorts, Thiruvananthapuram, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,500+ other businesses of all sizes.
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.
You might also be interested in these businesses