Overview
A fully operational hotel with banquet facilities is available for sale in Nalagarh. Established in 2016, the property spans a land area of 550 sq. meters with a built-up area of 5,000 sq. ft. The hotel features 16 well-appointed rooms, including 1 suite, 8 deluxe rooms, and 7 standard rooms. It also houses a 4,000 sq. ft. multi-cuisine restaurant with 100-seat capacity, offering excellent dining potential. A spacious 5,000 sq. ft. banquet hall accommodates up to 200 guests, suitable for weddings, corporate events, and gatherings. Additionally, the ground floor (3,500 sq. ft.) is leased to a reputed restaurant franchise, generating a steady rental income of ₹55,000 per month. This is a great opportunity for hoteliers, investors, or hospitality chains looking to expand in a developing region with strong tourism and business potential. All licenses and operations are in place for immediate takeover.
Business Details
Describe Property
N.A
Competition / Market
Yes
Products & Services
The hotel features 16 well-appointed rooms, including 1 suite, 8 deluxe rooms, and 7 standard rooms. It also houses a 4,000 sq. ft. multi-cuisine restaurant with 100-seat capacity, offering excellent dining potential. A spacious 5,000 sq. ft. banquet hall accommodates up to 200 guests, suitable for weddings, corporate events, and gatherings. Additionally, the ground floor (3,500 sq. ft.) is leased to a reputed restaurant franchise, generating a steady rental income of ₹55,000 per month.
Growth Potential
Very High
Reason For Sale
Busy in other Businesses
Financial Details
How the Acquisition Process Works
- 01Share Your RequirementsDefine your acquisition goals and preferences.
- 02Explore OpportunitiesReview curated businesses matching your criteria.
- 03Evaluate & ValueAnalyse financials, potential, and valuation.
- 04Due DiligenceVerify business, legal, and financial aspects.
- 05Complete AcquisitionNegotiate, close, and take ownership.