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Newly Established Serviced Apartment for Sale in Pune, India

For Sale: Turnkey serviced apartments business with a profitable model and potential to scale.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 47 thousand
Run Rate Sales USD 49 thousand
EBITDA Margin 10 %
Industries Serviced Apartments
Locations  Pune
Local Time 10:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 35 thousand (Native Currency: INR 3,000,000)
Reason: Operating it as a one-man show. The current owner is not from a hospitality background and they wish... View More
Includes physical assets worth USD 35 thousand
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Business Overview
- Prime location: Situated near major IT parks in Kharadi, Pune, this serviced apartment business is poised to attract high-demand traffic from professionals working in the vicinity.
- Revenue generation: With a monthly sales turnover of INR 3-4 lakh, the business presents a robust revenue stream for investors seeking opportunities in the hospitality sector.
- High growth potential: Currently operating at a 50% occupancy rate, there's significant room for growth, allowing investors to capitalize on untapped potential by increasing marketing efforts and optimizing occupancy strategies.
- Strong OTA presence: The business leverages popular online travel agencies like MakeMyTrip, Goibibo, and AirBnB.
- Asset acquisition: Purchasers will inherit all tangible assets related to the operation of the business, promoting a seamless transition and continuity of service for existing clients.
- Established brand and certifications: Investors can benefit from retaining the established brand name, with the business already holding vital credentials like a GST certificate and Udyam registration.
- Flexibility in operations: While buyers will need to negotiate the lease agreement independently, they have the advantage of continuing operations seamlessly from the current location, minimizing disruption in business activities.
Products & Services Overview
We provide spacious apartments catering primarily to professionals in the city of Pune.
We only offer one service and that is top selling one as well.
Assets Overview
Tangible assets include the entire setup of the building, this includes all the furniture, fixtures, equipment like TVs and air conditioners installed in the building.
Facilities Overview
- 12 rooms in a rented 3-storey building.
- Total built-up area of 12,000 sq. ft.
- INR 2.85 lakh monthly rent.
- 4 months of rent paid up as a deposit (not included in the asking price)
- The proximity to IT parks adds strategic value to the establishment.
Capitalization Overview
- The entire business is owned by a single business owner.
- There are outstanding loans attached to the business.
Recent Activity
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1 Buyer contacted this Business this month. 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.
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