Need help?

Hotel Investment Opportunity in Gaya, India

Hotel with 31 rooms and B2B & B2C restaurant/hotel mobile application with 1,300 registered users.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 6 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 0 - 10 %
Industries Hotels + 1 more
Locations  Gaya
Local Time 7:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 500 thousand for 10.0% stake (Native Currency: INR 37,495,000)
Reason: To scale up operations on the app and acquire new properties for the hotel vertical. We are willing ... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Launched a mobile application that offers self-ordering and pre-ordering options to customers. We have over 1,300 registered users (B2C model). The application is available on the Google Play Store and has a 4.5 stars rating.

- This mobile application is also targeted towards other restaurants and hotels. It is an end-to-end software that assists in the daily operations of the business like inventory control and order punching (B2B model). Prior to the pandemic, we had registered over 100 restaurants. Currently, we have 2 major clients (hotel and restaurant). We are in the process of acquiring two other hotels.

- For the B2C vertical, we charge a commission between 8% - 18% to the restaurant as service charge for pre-orders by customers and provide the self-ordering services for free. In regard to the B2B vertical, we charge between INR 15,000 to INR 20,000.

- We recently launched an alternate vertical over 1.5 months ago to generate additional revenue. The business has entered into a contract with OYO Townhouse in Kolkata. It is a hotel with 30 rooms out of which 21 rooms are occupied currently. We charge between INR 1,100 - 1,600. The hotel has a kitchen and a banquet hall. We have generated over INR 30,00,000 from this vertical. The OYO platform promotes the hotel and we are responsible to manage its day-to-day operations.

- The business has been incubated by Nasscom Startup Warehouse.

- Promoter is an IIT graduate in B-Tech.

Products & Services Overview

- Mobile application with B2B and B2C vertical targeted towards restaurants and hotels. The B2C vertical offers self-ordering and pre-ordering options to customers while the B2B vertical is an end-to-end software that assists in the daily operations of the business like inventory control and order punching.

- We have also taken up a 30 room hotel with a restaurant and a banquet hall. Entered into an agreement with OYO Townhouse.

Assets Overview

The business owns a couple of laptops but the value is negligible.

Facilities Overview

We operate the business from home. We pay a monthly rent of INR 3.75 lakh on the 30 hotel room property.

Recent Activity
  • Earlier than 15 days
    Managing Director, Mumbai, Merchant Bank connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more