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Newly Established Serviced Apartment for Sale in Vrindavan, India

Acquire a fully furnished prime location pure veg restaurant with PG business near GLA University.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 115 thousand
Run Rate Sales USD 152 thousand
EBITDA Margin 40 %
Industries Serviced Apartments + 1 more
Locations  Vrindavan
Local Time 1:00 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 550 thousand (Native Currency: INR 47,500,000)
Reason: Selling the business to invest in a new property venture.
Includes physical assets worth USD 550 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Restaurant Front
Sale Deed
Business Overview
- Strategic location: Situated near the GLA University in Vrindavan, this serviced apartment and restaurant business captures significant foot traffic from students and local residents.
- Diverse offering: The business includes a thriving pure vegetarian fast food restaurant, 18 PG accommodation rooms, and a large party hall, catering to various customer needs and maximizing revenue streams across different segments.
- High occupancy rate: Achieving 100% occupancy for its 18 PG rooms, each rented at INR 12,000 monthly, underscores the demand and consistent revenue generation from rental services.
- Robust restaurant sales: With a seating capacity for over 50 guests, the restaurant specializes in popular dishes such as paneer pyaja, generating impressive daily sales of INR 30,000.
- Prime real estate: The two-side open property spans 347 sq yd with a double-story construction, offering considerable space and flexibility for future expansions or operational enhancements.
- Financially solid: As a 1-year-old venture, the business is debt-free, indicating sound financial health and providing a strong foundation for potential investors.
- Competitive advantage: The unique combination of services, location convenience, and niche market focus provides a competitive edge in the bustling hospitality and serviced apartments industry in Vrindavan.
Products & Services Overview
The property features a restaurant, an 18-room PG accommodation, and a party hall.
The pure vegetarian fast food restaurant specializes in paneer pyaja and caters to students and local residents.
The revenue is split approximately 80-20 between the restaurant and PG accommodation verticals, respectively.
Assets Overview
Tangible assets include a fully furnished restaurant, 18 PG rooms, a party hall, and the property itself.
- Land: INR 2.3 Cr.
- Building: INR 1.3 Cr.
- Furniture & all equipment.
Facilities Overview
The property is a fully owned double-story construction on a 347 sq. yd. plot, with a total built-up area of 6,300 sq. ft.
- Ground floor: Restaurant with seating for over 50 and 8 PG rooms.
- First floor: 8 PG rooms and a party hall.
- Second floor: 2 PG rooms.
Prime location on the highway near GLA University.
Capitalization Overview
No outstanding loans, owned by a single promoter.
Recent Activity
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Contact Business
1 Buyer contacted this Business this week. 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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