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Successfully Running Hotel In Chandigarh For Sale

Chandigarh, Chandigarh, India
Asking Price:
$2,100,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$200,000,000 (USD)
Cash Flow:
$200,000,000 (USD)

Hotel *27 rooms, 10000 sqft builtup area. 905 sq yards area of land.
*3 storeyed. Lift installed.
*All rooms have AC and LCD, attached bath. Spacious lobby/reception.
*Power back up Volvo Eicher brand new genset of 62.5 kVA. Voltage control by servo. Solar system for water heating, fire fighting system.
*Food, health, safety license in place. Only passed hotel in Attawa ( only 3 passed guest houses in complete Chandigarh)
*Average occupancy- 85%*
*Revenue approx 1.2+ crore per year*

**Parking, staff room and staff washrooms in attached plot, can extend rooms later.
*Chaat corner for outside seating opened recently

Property Information

Real Estate:

Real Property Included

Location:

Near Bus stand and Hockey Stadium

Planning Consent:

Conversion of land is done (CLU)

Business Operation

Expansion Potential:

High expansion potential as almost half land is vacant

Reasons for selling:

Divesting for another property purchase

Trading hours:

24/7, all year round. No holiday.

Employees:
25
Years established:
12

Other Information

Support & training:

Fully trained staff will be provided for initiation

Financing available:

Bank financing

Contact Information

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