Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Keyluxury Resort In Panna Tiger Reserve For Lease

Panna, Madhya Pradesh
Asking Price:
Under $100K (USD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$100K - $250K (USD)

Available for lease or revenue share management

Location! Location! Location!!!
The unique location of this 26 room resort, spread over 2.5 acres, allows a huge variety of catchment of customers.
Highway side of the NH75, which is the main artery for Khajuraho- Varanasi, there is an immense potential for walk in F&B sales from travelers as well as overnight journey breaks.
The destination is also popular with wildlifers, cultural tourists and Jain pilgrims.
The property is located just 18km away from the UNESCO world heritage site and tourism hub of Khajuraho which is serviced by an international airport for charters and has regular flights by Air India and Spice Jet connecting to Delhi, Agra and Varanasi.
Moreover the Khajuraho railway station, just 12 km away, is well connected to Delhi, Agra, Jaipur, Udaipur and Bhopal, placing this location well within reach of all tourist sectors.
The resort is also situated just opposite the main entrance of the Panna Tiger Reserve and less than a minutes walk from the banks of the majestic River Ken.
The resort offers the following facilities:
25 stand alone double rooms with ensuite bathrooms.
Staff accommodations for approx. 15 pax and a managers ensuite room.
Parking for 10-15 vehicles.
Indoor AC restaurant for 35 pax
Open air restaurant for 50 pax
Lounge for 20 pax
Party lawn for 500 pax
Banquet hall for 90-100 pax
Children's play area and courts
Separate adult and kids pools
Spa with 6 massage rooms, steam and sauna areas
Swimming Pool

This is an older property which was closed for few years due to widening of the NH.
The same is now undergoing a complete renovation and updated property will be ready
for the new operator in December 2018.

The property is offered fully furnished but without electronic equipment and operations consumables.

The owner is looking for a long lease with a minimum lock in of 5 years, with a years lease amount as deposit. Deposit can be paid in 2 parts.
Asking price for the lease is Rs.275000 per month. The same is negotiable for the right operator.

Interested parties are invited to arrange a site visit to fully appreciate the earning potential offered by this unique property.
The owner would prefer an experienced hotel or resort operator with at least 2 other running properties.
The property can be leased by Indian or overseas nationals.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Double room with ensuite for manager. 15 staff accommodations.

Location:

There is a lot of potential walk in clients especially for F&B.
Guests are also coming for the Khajuraho temples, Panna Tiger Reserve, Waterfalls, Diamond mines etc.

Premises Details:

25 stand alone double rooms with ensuite bathrooms and tastefully done superior decor.
Indoor restaurant with seating for 35
Open air restaurant with seating for 50
Party lawns for 500
Banquet hall for 60
Adults and kids separate pools
SPA
Games courts
Lounge
Banquet hall

Size in square feet:
3
Planning Consent:

All permissions are in place. No loans or liens on the property.

Business Operation

Expansion Potential:

The property is offerred for lease and is being currently renovated to avail of all the potential present. That is why the F&B and party areas are being developed. The organisation leasing the property will enjoy the benefit of the same.

Competition / Market:

There are many hotels in Khajuraho including all the top chains, Around the property, there are other wildlife lodges but these only cater to their own resident guests. Opposite the property is MPTC's Jungle camp. There is no good F&B outlet anywhere for guests to stop. There is no highway frontage property providing all facilities. There is no other banqueting and events facilitator in the area.

Reasons for selling:

Wishing to give the property to a good and reputable operator for long lease.

Trading hours:

24 hours 365 days.

Employees:
NA
Years established:
New

Other Information

Support & training:

Can be provided if required

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$60,000 (USD)

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here