Profitable Hostel in Iconic Location for Sale in Udaipur
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Product / Service
Boutique Hostel at iconic location in Udaipur. Offers bed & breakfast along with workacation options
Clientele type
Mostly foreign clientele in season and domestic clientele during post pandemic reopening
Premises
Lease per month (in INR): 40000-50000
Beautiful hostel right on the banks of the lake and next to the city palace. 2 dorms of 6 beds each, 1 beautiful lake facing private room with large private terrace, 1 private room on ground floor with access to large, lake facing common terrace, spectacular tea room and reception, common pantry , baggage room, employee quarter, large terrace with options to set up a cafe/ additional 2 rooms if desired
Asking Price Includes
Full business ( as is where is), goodwill, clients, existing online integrations/ partnership, staff handover
Reason
Migrating
Other Details
Rated the best hostel in udaipur across booking platforms and review sites for multiple years now, with a loyal following on social media, very well trained staff and manager, has been a profitable business from first year of operations, with private rooms nearly 100% occupied through the year and dorms at 70/80% occupancy. Tremendous scope to open/ outsource a cafe on the terrace. Possibly one of the best locations and very well designed /thought out infrastructure and design. Has been the subject of many media articles, blogs etc (both national and international)
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₹10 to ₹200 Cr
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