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Established Hotel In Nainital, Uttarakhand For Sale

Nainital, Uttarakhand, India
Asking Price:
$9,097,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$50,000 (USD)
Cash Flow:
Available on request

This is a 16 room property fully furnished with all amenities parking, storage power back up, staff quarters , basement , heating elements , valley view and a brand image of best budget property at Nainital. This is located in oak woods of Nainital on highway where new parking of Nainital is situated locality is nice and sweet public transport is available from the palace many vacation homes and 3 property nearby and 3 are under construction.
Great opportunity for sale.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Spacious rooms total 7 floors top 3 floors have 2 rooms in each 1 standard 1 deluxe and 4th floor has reception lobby kitchen store and 1 dormitory , rest 3 floors have 3 rooms in each 2 standard and 1 deluxe

Location:

Nainital

Premises Details:

Budget hotel which is now reputed enough has a brand value and have good potential of business in the area

Size in square feet:
8,500

Business Operation

Expansion Potential:

This property has potential of INR 6000000 annually despite of less rooms and right now we don't have liquor licence which will give more boost to revenue since it will have no competition in this segment

Competition / Market:

There are my properties nearby but does not offer amenities like us which create a huge difference in game we have frequent visitors repeat clients and good online profile

Reasons for selling:

Owners children are not willing to run the property so he is willing to sale it because he want to drop this business

Trading hours:

12 hrs a day

Employees:
9
Years established:
2017

Other Information

Support & training:

Will train about all the operations and working of property

Furniture / Fixtures value:
$195,000 (USD) - included in the asking price
Inventory / Stock value:
$40,000 (USD) - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.

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