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Bed & Breakfast for Sale in Devprayag, India

For sale: Non-operational riverfront luxury designer homestay/bed & breakfast which had a 70% occupancy rate.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.8 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bed & Breakfasts
Locations  Devprayag
Local Time 3:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 320 thousand (Native Currency: INR 27,000,000)
Reason: - The owner is relocating to Europe. - It is a growth-based business with the possibility of expand... View More
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
Documents
GST Certificate
Business Overview

- Well Known luxury bed and breakfast establishment in a prime location in Uttarakhand.

- We are located just 75 km northeast of Rishikesh (the yoga capital of India), the property has offered restorative escapes to visitors to the area from across India and from overseas.

- We closed down the operations last year since we planning to move to Europe.

- While we were operational we received 30+ bookings per month with an average booking value of INR 1 lakh.

- We had an occupancy rate of 70%

- Our amenities include 5 suites, a meditation room, a 25-meter plunge pool, spa treatments with copper bathtub.

- We recently constructed a stand-alone eco-mud guest cottage with attached bathrooms within the property.

- We are a 5-star rated stay on Airbnb and also highly rated on every other booking platforms.

- Rated "excellence" in the editorial review by Sydney Morning Herald.

Products & Services Overview

- Homestay/bed&breakfast services.

- We offered restorative escapes to visitors from across India and from overseas.

Assets Overview

- Tangible assets include the land, all buildings, and furnishings.

- Intangible assets include the business collaterals, existing clientele, and our website.

Facilities Overview

- Owned land of 2,960 Sqm with a built-up area of 3,500 sqft and 2 newly constructed eco mud guest cottages of 450 sqft.

- Land and buildings are all part of the transaction.

Capitalization Overview

Sole owner with 100% shares in the business with no debts or liabilities. A family run and owned operation in the hills.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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