A Well-Established 3 Star Hotel for Sale in Shahdol

A well-established 3-Star Hotel, operating successfully since 2017, is now available for sale. Spread across a land area of 3,700 sq. yards with a built-up area of 45,000 sq. ft., the property is fully furnished, well-equipped, and situated on owned premises. The hotel offers comprehensive hospitality services including room stays, restaurant and bar facilities, banquet services, and event hosting. The property features 34 well-appointed rooms, 4 premium suites, 3 spacious banquet halls, a restaurant and bar spanning 11,000 sq. ft., an open lawn for outdoor events, and ample parking space. The hotel maintains an average occupancy rate of 50% and holds NOC approvals from the municipal department meeting 3-Star property criteria. The business has strong online visibility through tie-ups with platforms like Goibibo and MakeMyTrip, ensuring steady customer inflow. With an annual turnover of approximately INR 4 Crore and a profit margin of around INR 80 Lakh, supported by a workforce of 70 experienced employees, this hotel presents an excellent investment opportunity in the hospitality sector.