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Businesses For Sale   >>   Banquet Businesses For Sale   

Hotel For Sale India

Location  India
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  50 - 99
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned
Reason for Sale  Owner relocating.

Description  
Hotel / Resort for Sale. 1. 4 storey hotel property 2. Proposed Star Rating: 3-4 Star. 3. Location: Hoshiarpur / Punjab. It's on the outskirts of the city but within the municipal limits and approx 2km from main bus station and markets. 4. No. of Rooms : 47. 5. Land Area : 4 acres approx (1,70,000 Sq ft). 6. Total Covered Area Proposed: 85,000, Sq ft. 7. Construction completes March 2009. 8. Site approved for Management Contract with Carlson Group U.S under brand name Country Inns & Suites. 11. Estimated Value: Rs. 25 CRORE Approx œ31,25,000. - Location: Its in located in Hoshiarpur city which is the home for Non Resident Indians. Hoshiarpur is ideally located at the foothills of lower shivalik range of The Himalayas. It is an entry point to Himachal Pradesh and also passage to Jammu & Kashmir. - All plans approved from local, state and central Ministries / departments. - Located 100 mts from crossing of Nation Highway 70 (Jallandhar - Dharamshala) and state highway 22. - Biggest single Convention / Banquet Hall in north India -23000 sq ft hall covered area adjoining a lawn 35,000 sq ft. - 1,900 sq ft restaurant. - 1,200 sq ft bar with separate smoking zone. - 1 penthouse 900 sq ft. - 41 rooms 320-350 sq ft. - 6 Suite Rooms 450-500 sq ft. - 3,100 Sq ft Gym, Spa n steam bath. - 24 hrs coffee shop 1000 sq ft. - separate club lounge. - Swimming pool. - 5 party / conference halls of areas23000sq ft, 3,100 sqft, 2,800 sq ft, 1,600 sq ft and 1,250 sq ft. - In house parking for 400 cars. - International airport: Amritsar is the nearest airport approx 1hr 30 min. (105km) drive from Hoshiarpur. Amritsar has direct flights to U.K and USA. - All approved plans, star category approvals, beer and whisky bar license. - Eco friendly practices: Rain water harvesting and water recycling practices in place. - Sewerage Treatment plant installed. Contacts us at 0091-9356415340.


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