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    Hotel Investment Opportunities in Jharkhand

    Showing 1 - 1 of 1 Hotel Investment Opportunities in Jharkhand. Invest in a Hotel, Motel, Lodge, 3 Star Hotel, 4 Star Hotel or a 5 Star Hotel.

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    Hotel Investment Opportunity in Deoghar, India

    Budget hotel and restaurant centrally located in Deoghar that has 42 rooms.
    - A budget hotel and restaurant located in Deoghar, Jaharkhand. - Hotel has 42 rooms and there are ground plus 2 floors constructed. The third floor is currently being constructed and there will be an additional 20 rooms on that floor. - Construction is expected to be completed in a few months. - Business has not been operational since the lock-down started. - Used to have an occupancy rate of 65-75% throughout the year. - The restaurant services multi-cuisine: Indian, Chinese, Continental, and is open to the public and not just the hotel guests. - Used to bill an average of Rs. 30,000 per day. - There is a maximum seating capacity of 50 pax. - Revenue generation from the hotel and restaurant is approximately 50-50. - The revenue has fallen this year due to the affects of the pandemic on the market.
    Budget hotel and restaurant centrally located in Deoghar that has 42 rooms.
    6.8   Deoghar
    Run Rate Sales
    Nil
    EBITDA Margin
    40 %
    Financial Investment
    USD 3 Mn for 40%
    Contact Business

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