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Hotels and Resorts for Sale in Jammu And Kashmir

Showing 1 - 1 of 1 Hotels and Resorts for Sale in Jammu And Kashmir. Buy a Hotel and Resort, Campsite Operator, Cruise Line, Hotel, Luxury Hotel, Resort, Serviced Apartment, Banquet Hall, Campground, Bed & Breakfast, Guest House, Timeshare, Wellness Retreat or a Hotel Management Business.

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Resort for Sale in Pahalgam, India

Two building resort with 30 suites (24 master & 6 deluxe suites in Pahalgam.
Resort located on the banks of Lidder River has two buildings spread over an area of 5 kanal (27,000 sq ft). It is surrounded by snow-clad mountains and crossed by the cascading waters of the river Lidder. The resort offers the finest food, comfort and personalized service to tourists and pilgrims visiting Pahalgam. Have well furnished and elegant rooms with all the modern amenities. The in-house restaurant offers delicious Indian, continental and Chinese cuisines. The location is popular for adventure activities and Amarnath Yatra. Situated 96 km from the airport, Pahalgam is popularly called "The Valley of Shepherds" and is an ideal destination for hiking, trekking, water rafting, angling, horse riding, golf, snow skiing and trout fishing. We have tie-ups with 8+ event organizers for different adventurous activities. The place is visited frequently by thousands of pilgrims as well as nature lovers. Due to the slowdown in the tourism industry in the region, we operate at 40% capacity. However, the business has the potential to generate yearly revenue of over INR 70 lakh. Resort is temporarily closed due to Covid-19. We have a total of 8 permanent staff but since the resort is temporarily closed, we only have 3 permanent staff at the moment. Owner of the business is based in the UAE. Business owned assets as a part of the sale include land, building, furniture and equipment. Our operating profit margin is high as the water, electricity and other operational overheads are cheaper in this region.
Two building resort with 30 suites (24 master & 6 deluxe suites in Pahalgam.
6.8   Pahalgam
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
USD 3.7 Mn
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