Profitable International Hostel Available for Sale in New Delhi
Product / Service
It’s a sole proprietorship hostel business operating since May 2017. The hostel is just 30 minutes away from Delhi International Airport. It has one of the best-rated locations in New Delhi and it serves mainly foreign tourists. The hostel is on lease with monthly rent INR 30,000. The Hostel has 3 Rooms which can accommodate 18 guests. All rooms come with a self-attached bathroom. There is a shared kitchen in the hostel. The business has consistent monthly occupancy of 70-80% and has huge growth opportunities. The rent per person is INR 400 per day. The Hostel has 3 employees. It has tie-ups with major booking portals like Booking.com, Tripadvisor, Agoda, MakeMyTrip, Hostelworld. Goibibo. The business has a rating of 9.6/10 on major booking portals. The last year turnover was INR 15 lakhs with the Net Profit margins of 40 percent. The asking price for business is INR 30 Lakhs.
Reason
Moving abroad
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?