Overview
A Running hotel in Ghaziabad is available for sale. The Hotel was established in the year 2003. Previously it was operated by the owner now it has been given on lease. It has 27 air-conditioned rooms and 5 Non-Ac. There is a reception area and stairs, the hotel's built-up area is 16,200 sq. feet, basement, ground floor, 2 floors included. The hotel is in a complex of 600 sq. meters of land. The complex consists of shops, some have been sold. The hotel is on the ground floor. The hotel room occupancy is 22 rooms per day. The Total Profit from the hotel to the owner is 2.5-3 Lakhs/Annum. The Owner is willing to sell it for 6.5 Crores and the reason for selling is that he is no more interested in the hospitality business and has other business as well to run as well.
Leased Hotels & Resorts Hotels
Business Details
2003
Year of Establishment
7
No. of Employees
Running
Current Status of Business
NoBusiness Relocatable
LeasedProperty Type
N.A Rental per Month
Describe Property
The total built-up area of the hotel is 16,200 sq. ft. They have 2 big conference halls on the first and second floor, and reception, 1 room and office on the ground floor, situated in the main hotel area of Ghaziabad, within walkable distance from the railway station ( Within 5 km)
Competition / Market
Tough Competition due to many hotels in the locality.
Products & Services
A Total no of 32 rooms in the hotel. A Small Kitchen. Reception,
Growth Potential
Can be Profitable if someone passionately runs the hotel with hospitality skills.
Reason For Sale
No More Interested in the hotel business, moving to other business.
Financial Details
EBITDA :-
N.A
PAT :-
N.A
Debt :-
N.A
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation