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Serviced Apartment for Sale in Bangalore, India

For Sale: Hostel business in Koramangala, Bangalore having 8 rooms with 32 dorm beds.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 22 %
Industries Serviced Apartments
Locations  Bangalore
Local Time 4:01 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 20 thousand (Native Currency: INR 1,700,000)
Reason: Moving to a different city due to medical issues.
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
Documents
Business Overview

- Hostel business located in Koramangala, Bangalore available for both men and women.

- We currently have 30 occupants at our hostel.

- Totally there are 8 rooms and 32 dorm beds.

- Have all necessary facilities like power back up, RO, water cooler, fridge, fully equipped kitchen and pantry.

- We have an average occupancy rate of 60%-70% per month.

- Generate leads through social media, Justdial, walk-ins.

- Promoter has 2 years of industry experience.

Products & Services Overview

Well furnished rooms for accommodation & Parking space.

Facilities Overview

Rented 2,500 Sq Ft Ground + 2 floors with open terrace and 2 balconies and covered parking. Rent Agreement is for 6 years.

Capitalization Overview
Not Disclosed
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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