Newly Established Real Estate Agency Investment Opportunity in Chennai, India

Residential property management company in Chennai seeks investment to launch a mobile app.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 24 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
4:55 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 260 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: To complete the development of our software product, for marketing and working capital.
Includes physical assets worth USD 2.6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company registered in Thiruvallur and operating from Chennai offers complete residential property management services to clients.

- We look after the property, take care of rent, tenants and repairs.

- Have developed a mobile app to digitize the business. Will launch the mobile app on iOS and Android in a month.

- Currently managing 1 apartment property in Chennai.

- We charge a 12-13% commission on the total rent of each property.

- Promoter has more than 6 years of experience in the property management industry.

- Business owns furniture, computers and mobile app.

Products & Services Overview

We are a residential property management company. We offer a one-stop solution to property owners. We look after the property, take care of rent, tenants and repairs. Developing a mobile application to digitize the business.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with this business
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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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