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Newly Established Serviced Apartment Investment Opportunity in Bangalore, India

Near completion short-stay studio rooms for executives in E-city, Bangalore having 18 studio rooms.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Bangalore
Local Time 12:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: We want to set up an entity that is financially strong and runs professionally. The owner doesn't ha... View More
Includes physical assets worth USD 2.4 million
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Business Overview

- This is a new venture nearing completion and we want to partner with or lease the property to an experienced person in the hospitality industry.

- It is an 18-room short-stay with studio rooms having a deck for dining and kitchen, a common party hall and plans for a gym and a swimming pool.

- The property is a family property that has been with us for 20+ years.

- Project is estimated to be complete in 2 months regardless of the investment. We are seeking an investor with experience in the hospitality sector who can manage the operations.

Products & Services Overview

Short stay for executives in the IT sector or visitors. The place has all facilities of a good hotel along with a green ambiance in a large area of 40,000 sq ft.

Assets Overview

Own residential land of 40,000 sq ft and about 11,000 sq ft of built units with all amenities.

Facilities Overview

Own land and property 1km from Electronic City, Bangalore. There are 18 studios of about 250 sq ft each with a deck for dining and a kitchen, a party hall, and plans to add a pool and gym.

Capitalization Overview

Director has invested personal funds of INR 3 crore and has no loans. There are no other shareholders now it is only the promoter and his daughter.

Recent Activity
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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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