Profitable Hostel in Iconic Location for Sale in Udaipur

Listing ID: SL010612
Posted By: Owner
Last Active: 1+ year ago
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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)

Keywords

Business Tags

airbnb Backpack hostel botique hostel budget hotel Guesthouse Hostel hostel business udaipur

₹10 to ₹200 Cr

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