A Running Profit-Making Hotel For Sale In Nashik City
Product / Service
Accommodation, restaurant, banquet hall, and bar
Clientele type
Our clients include tourists visiting the city for leisure, business travelers attending corporate events or meetings, individuals attending weddings or other social events in the area, and pilgrims visiting the numerous religious sites in and around the city. Additionally, the hotel may also cater to individuals looking for a luxurious and comfortable stay experience in the heart of the city.
Premises
OWNED
Premise Size: 12,600 sq ft plot , 15,000 sq ft construction
Market Value (in INR): 20.00 Cr
The property's plot size measures 12,600 square feet, while the total construction area covers 15,000 square feet with a G+2 construction. The building's age is approximately 30 years old, and the property provides ten car parking spaces.
Asking Price Includes
Land, building, setup, clients, utensils, crockery, furniture, etc.
Reason
The promoters would like to focus on their other business.
Other Details
The hotel offers a total of 26 rooms and enjoys a strong reputation among its guests. Additionally, the property includes two banquet halls, one with a capacity for 100 persons and another for 30 persons. The hotel is further equipped with a fully functional restaurant, a well-equipped kitchen, a lift, and a generator - all maintained in good condition.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?