Newly Established Serviced Apartment Investment Opportunity in Piravom, India
Upcoming 50-room boys’ student accommodation near Piravom, strategically located beside a large upcoming university.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Serviced Apartments |
| Locations | Piravom |
| Local Time | 2:59 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
113 thousand
for
40.0%
stake
(Native Currency: INR 10,000,000)
Reason: The owner is planning to start a new hostel, primarily focused on student accommodation.
Includes physical assets worth
USD
225 thousand
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Documents
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Business Overview
- Upcoming boys’ student accommodation project near Piravom.
- Initial setup of 50 rooms planned, with expansion scope based on demand.
- Additional facilities to include a hotel, haircut area, and coffee shop.
- Located next to a university under construction, and is expected to bring 20,000+ people.
- Estimated 1,500+ students to seek accommodation once the university starts.
- Operations to begin in one year.
- Final registrations are pending.
- Initial setup of 50 rooms planned, with expansion scope based on demand.
- Additional facilities to include a hotel, haircut area, and coffee shop.
- Located next to a university under construction, and is expected to bring 20,000+ people.
- Estimated 1,500+ students to seek accommodation once the university starts.
- Operations to begin in one year.
- Final registrations are pending.
Products & Services Overview
Accommodation services primarily for male students, with supporting facilities (hotel, coffee shop and grooming) for students and visitors.
Assets Overview
The tangible assets include a 0.5 acre land in Piravom.The land will also be a part of the transaction.
Facilities Overview
The hostel will be established on a privately owned 0.5-acre plot of land in Piravom.
Capitalization Overview
The land is currently owned by a sole owner.There are no debts in the business.
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Newly Established Self-Catering Accommodation Investment Opportunity in Piravom, India
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