Travel & Leisure Businesses for Sale in Varanasi

1. Prime Location: The boutique hotel is strategically located in Varanasi Cantonment, which is a bustling hotel district with high foot traffic, offering a lucrative business opportunity. 2. Renovated rooms: The property boasts 12 fully operational rooms that have been recently upgraded to provide modern comfort, appealing to discerning guests. 3. Rooftop restaurant: the hotel features a spacious 1,200 sq ft rooftop area with a kitchen and storage space, offering an ideal setting for a dining establishment to complement the hotel's offerings. 4. Conference facility: the property includes a versatile hall capable of accommodating 20-25 guests, making it suitable for hosting meetings, events, and small conferences. 5. High occupancy rate: the hotel enjoys a commendable average occupancy rate of over 75% annually, indicating a strong demand for its services and a positive revenue potential. 6. Lease agreement: The hotel has been leased to a third party for operations for 5 years, two years ago, with a monthly rent of INR 3 lakh, presenting a steady income stream for potential investors. 7. GST Certification: The business is registered with GST Certification. 8. The promoter is currently residing in the USA.

Heritage hostel located near River Ganga in Varanasi. - The business has not been operation for 1.5 years due to the pandemic although a few guests have been catered to at the early stage of operations. - The homestay was previously the heritage site where a famous poet resided. - The homestay has 12 bedrooms and 1 banquet hall measuring 600 sq. ft. - It is fully furnished and recently refurbished. The property was originally built in 1800. - It is within 2-3 km of all famous landmarks in Varanasi and is accessible by vehicles.

Heritage hostel located near River Ganga in Varanasi. - The business has not been operation for 1.5 years due to the pandemic although a few guests have been catered to at the early stage of operations. - The homestay was previously the heritage site where a famous poet resided. - The homestay has 12 bedrooms and 1 banquet hall measuring 600 sq. ft. - It is fully furnished and recently refurbished. The property was originally built in 1800. - It is within 2-3 km of all famous landmarks in Varanasi and is accessible by vehicles.