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Newly Established Serviced Apartment for Sale in Mysore, India

Fully furnished serviced apartment with 13 rooms having 70% occupancy rate and also registered on OYO Rooms.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 29 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 20 %
Industries Serviced Apartments
Locations  Mysore
Local Time 12:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 29 thousand (Native Currency: INR 2,500,000)
Reason: Relocation of business partners.
Includes physical assets worth USD 17.6 thousand
Business Overview
- Newly started serviced apartment business in Mysore.
- It's a 2 floor building with 5 fully furnished apartments that has a total of 13 rooms.
- Facility has space to set up a kitchen and cafe as well.
- Property is close to the main road with multiple restaurants and shops close by.
- Occupancy rate is around 70% across the year.
- Registered on OYO Rooms through which we receive bookings.
- Have maintained 4.1 star rating on OYO Rooms with 190 reviews.
Products & Services Overview
13 AC rooms for rent on a daily basis and complete building for rent for group booking.
Facilities Overview
Rented 1,100 sqft 2-floor building with 5 fully furnished flats.
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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