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Newly Established Serviced Apartment Investment Opportunity in Lucknow, India

Plan to provide rental accommodation to students and working professionals with a lifestyle quotient.
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  Lucknow
Local Time 10:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 580 thousand for 30.0% stake (Native Currency: INR 50,000,000)
Reason: Seek funds for pre-seed funding in order to develop the property and expand the business.
Interested to connect with advisors
Documents
Pitch Deck
Business Overview
- Company is in the process of being registered as a private limited entity and it will take a few weeks to complete.
- We aim to provide rental accommodation to students and professionals.
- Currently we are in the process of purchase of a 2,400 sq. ft. land for development.
- Once we have acquired the property, it would take about 8-12 months for construction and operation.
- The land is close a well known university and is in close proximity for the students.
- Initially we plan to have 18 rooms with 36 beds. The rooms would also have amenities such as AC, housekeeping and WiFi.
- There would also be common amenities such as an open kitchen, a co-working space, a gaming zone and a lounge area.
- Promoter has more than 6 years of experience in the real estate industry.
Products & Services Overview
Start-up to provide rental accommodation for students and working professionals seeking pre-seed funding.
Assets Overview
We do not presently own any assets but we will be acquiring a 2,400 sq. ft. residential land soon.
Facilities Overview
In the process of acquisition of a 2,400 sq. ft. plot of land.
Capitalization Overview
- The business owned by a single owner.
- The business is debt-free.
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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