Overview
A Running 4 Star Hotel located at a very prime location of Shimla is available for Sale. The total area is 1.5 acres and the built up area is 70,000sqft. The hotel is given on lease and rental received is Rs 3 crores annually. The Hotel has a banquet hall, a conference hall, a multi-cuisine restaurant, a bar with valley view, a health club, a business center, children recreation room, centrally heated rooms, public area, car parking for 50 cars and services like doctor on call, pool table, laundry, travel desk. The hotel has 83 rooms with the 400 guests accommodation capacity.
Business Details
Describe Property
The total area is 1.5 acres and the built up area is 70,000sqft.
Competition / Market
Yes there is a competition in the market
Products & Services
The Hotel has a banquet hall, a conference hall, a multi-cuisine restaurant, a bar with valley view, a health club, a business center, children recreation room, centrally heated rooms, public area, car parking for 50 cars and services like doctor on call, pool table, laundry, travel desk.
Growth Potential
Yes there is a growth potential in the business
Reason For Sale
moving to other business
Financial Details
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation