Hotel for Sale
Near Bus Stand , SOLAN
Hospitality Hotel
Years in Operation: 6-10 Year of Esteblishment: 10 Nos. of Employes: 1-10
EBITDA Margin: 1% Legal Entity: Sole Proprietorship
Annual Revenue: ₹ 12 Lakh Net Profit: ₹ 8 Lakh
Revenue of Last Year: ₹ 2015 Lakh Ask Price: ₹ 3 Crore
Seeking a profitable business opportunity in the hotel industry? This new hotel in Solan, Himachal Pradesh, is available for sale. Solan, being surrounded by beautiful rolling hills on all sides, enjoys the presence of both business tourists and pleasure travelers. Solan is thus the best place to have a profitable hotel business. Enjoying consistent revenues, huge profit margin, and potential of expansion in the days to come, this business is the most profitable Opportunity proposition for buyers and entrepreneurs.
Business Overview
The hotel is around 10 years old and has been performing well for the past 1–2 years under the current organization. Since it is a sole proprietorship, the infrastructure is sound and clean and is capable of hosting the hospitality needs of local and foreign clients.
- Last Year Revenue: 10 Crore
- Annual Revenue: 12 Crore
- Net Profit: 8 Crore
- EBITDA Margin: 1%
- Offer Price: 3 Crore
- Rooms: 10
These accounts easily reflect a good business model with stable revenues. With its high net profit and growing revenues, the hotel company is a recession-proof firm that has already felt its potential being utilized in the very competitive hotel industry.
Operating Details
- Operating Years: 1–2 Years
- Employees: 1–10 Staff Members
- Legal Form: Sole Proprietorship
Despite being run by an amazingly small staff, the company earns astronomical amounts of finances. This leads to lower operating costs and streamlined management without compromising on quality guest service.
Location Advantage – Solan, Himachal Pradesh
Solan, the "City of Red Gold" and the "Mushroom City of India," is marked on the tourist map, a place for business and learning. The city in Himachal Pradesh welcomes a range of tourists, from holidaymakers to researchers and business visitors. Scenic locales, pleasant weather, and rising demand for rooms, Solan is the first choice of the hospitality sector.
- Strong brand name of over a decade's market recall.
- Shining business performance with healthy revenue growth.
- Trim strength of employees for successful cost management.
- Ready opportunity for modernization and expansion at a reasonable cost of a mere 3 Crore.
Chances to refurbish and modernize to cater to even higher numbers of tourists.
Growth Opportunities
Although the hotel is profitable today, there is enormous potential to grow through:
- Setting up advertising campaigns on websites and tourist portals.
- Creation of infrastructure and introduction of new services to the clients.
- Collaboration with tour operators and corporate bodies for block reservations.
- Development opportunities to organize weddings, conferences, and events.
With the thriving tourism sector in Himachal Pradesh, demand for good hotels is always in the process of being created. An ambitious proprietor can realize the growth potential and raise the enterprise even to greater heights.
Business Rationale
The hotel is a going-concern business with consistent revenues and high returns, priced reasonably at a fair asking price. It is ideal for:
- Enterprises interested in entering the hospitality business.
- buyers searching for a profitable and recession-free business.
- Its current hotel chains who seek to increase their portfolio in Himachal Pradesh.
With 12 Crore net revenue, 8 Crore net profit, and an asking price of less than one-third of 3 Crore, it is a fantastic return on Opportunity.Plan your site visit with Multiowner for complete details and assistance.
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