Businesses For Takeover in Shimla

- UGC-recognized university in Himachal Pradesh with 600+ Students. - University has been running for 10 years and has a staff of 100. - 3.25 lakh square feet have been constructed. - A total of 87 classrooms including different labs with a total of 500-bed hostels. - Also has a 200 seater auditorium.

- 12-room hotel on owned land of 4.5 biswa. - The daily operations of the hotel have been outsourced to a management team that rents the building from us. - The property is already earning handsome rent. It is located on a hilltop with a scenic view and has luxury rooms having 360-degree views. - We advertise through our website, and OTAs like Goibibo, and MakeMyTrip. - The hotel has an occupancy rate of 100% on weekends. - Buyer will get the land, building, and all physical assets of the hotel. - The new owner can either continue with the tenant or operate the hotel themselves.

- A Hotel located on National Highway, Shimla city. - 44 Big family rooms & 3 Suites. - Exotic bar with Imported Liquor. - Multicuisine Restaurant 200 seater. - 5 driver rooms. Separate wing. - 25 years old fully renovated. - Own water source.

- A 4-star resort at a prime location in Shimla with over 80 premium rooms. There is additional land available to construct up to 24 rooms. - The property is currently on lease with a hotel chain for next 9 years with an exit option. The lease payment received by the owner is INR 3 crores per year. - Resort is fully equipped with a restaurant, bar, library, gym, open terrace, spa and game room. - Have plenty of parking space available on the property. - The city is well connected by rail, road and air. - Prior to the pandemic, the hotel had an occupancy rate of 60%-80%. The run-rate sales were slightly impacted by the pandemic owing to the economic slowdown. - The hospital has been given on lease for 9 years to a popular hotel chain since 2019 with exit options. The lease agreement can be transferred along with the ownership of the hotel or the hotel can be freed and the ownership can be transferred then. The responsibility of terminating the lease agreement with the hotel brand will be done by the current owners of the business. - The current owner receives INR 25 lakh as monthly lease payment on the property. The hotel generated over INR 10 crore of revenue in the previous financial year by the current lessee. - Forty employees are hired by the current lessee to run the hotel. - Business scaling is possible with a small investment and a new business plan which will ensure almost 20% R. O. I. per year and a total investment payback period of 4-5 years. - Complete assistance will be provided to the new buyer.

- Plot area is 377 square yards that has 4 floors building with attic and parking space for 15 cars. Total built-up area is 12,800 sq ft. - Has the benefit of tax free income for 7 years as per the new policy of Himachal Tourism. - 30% or INR 50 lakh subsidy on machines and building according to the new policy of Himachal Tourism. - 70% subsidy on solar panels and no room tariff cap. - Have a beautiful view with excellent connectivity. - From now onwards 4+ attic floor + parking floor will never be approved after NGT reduced floor stories up to 2.5 for all future construction. - Situated at a VIP posh hilltop area, this building gives a mountain view. - Cera bathroom fittings & double charge Cera titles used on the floor. Aluminium powder coated insulated windows with double glass which are moisture-proof, soundproof, windproof & temperature control wood work done in all bedrooms. - False ceiling, pop work is also done. Mica is used inside almirah for good finishing. Havells wiring and electrical fittings are done in the entire building. - Have a beautiful front elevation with tiles, SS railing in balcony and stairs, granite used on stairs. - Best connectivity for all tourist destination for entering & leaving from Shimla. - Good location with ample water supply, electricity supply (power backup not required), and always well-maintained roads. - Four-lane road is 500 meters away, the nearest point in Shimla city, 7 km from NH-5, Shoghi Mehli bypass is 200 meters, ISBT is 9 km, railway station is 7.7 km. - Building has 2 B&B approvals 6+4 = 10 units consisting of 8 family suites (2 interconnected double family suite rooms =16 rooms) + 4 single rooms with attached washrooms + 1 small room = Total 21 rooms + Kitchen. 8 rooms can be made on the attic. Roof work and outer wall work is done. - Provision of lift, attached balcony, water harvesting, CCTV, ample water storage. - Note: - Guest House permission can be taken if desired but homestay is well suited to save taxes and avail other benefits as guests pay for location, amenities, services, quality of food.