Overview
A closed three-star hotel in Samba, Jammu and Kashmir, is currently up for sale, presenting an exciting investment opportunity. The property boasts a spacious total area of 70,000 square feet, housed within a three-storey building. It features two banquet halls with capacities of 400 and 1,000 guests, making it ideal for events and celebrations. The hotel offers 32 premium rooms, each covering 220 square feet, along with a bar and restaurant that cater to dining needs. Additionally, there is a theatre for entertainment and a dedicated kids' zone, designed for gaming and co-curricular activities. Currently classified as a non-performing asset (NPA), the hotel's collateral is valued at approximately 200 crores. The owner is seeking a joint venture with an investor willing to contribute around 50 crores, or is open to an outright sale to interested buyers. This investment represents a unique chance to revive a promising hospitality venture in a picturesque location, capitalizing on the growing tourism in the region.
Owned Hotels & Resorts Hotels
Business Details
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Year of Establishment
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No. of Employees
Closed
Current Status of Business
NoBusiness Relocatable
OwnedProperty Type
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Describe Property
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Competition / Market
Yes
Products & Services
Hospitality with extended facilities
Growth Potential
High
Reason For Sale
Want to get out from the stressed accounts of hotel
Financial Details
EBITDA :-
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PAT :-
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Debt :-
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How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation