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Serviced Apartment Investment Opportunity in Rishikesh, India

Backpackers hostel that has hosted 10,000+ travelers seeking capital to expand.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 35 %
Industries Serviced Apartments
Locations  Rishikesh
Local Time 11:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 30 thousand for 20.0% stake (Native Currency: INR 2,500,000)
Reason: To expand the business by setting up more than 30 hostels in India, and a hostel in Hungary and Arge... View More
Includes physical assets worth USD 18 thousand
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Business Overview

- Backpackers & travelers hostel in Rishikesh that is listed on TripAdvisor, booking. com, Goibibo, trivago, and Airbnb with positive ratings.

- A second hostel is underway in Agra, and furthermore, the promoter wants to expand the business with 30 more hostels around India and a hostel in Hungary and Argentina.

- We have hosted more than 10,000 travelers from over 25 countries.

- The current hostel in Rishikesh is spread across a 1.5-acre land and has car parking space, outdoor pool, garden, and a library.

- The facility can accommodate 70 guests at once, which comprises of 12 rooms with 50 beds and 6 private rooms.

- We also offer yoga, meditation, Ayurveda, adventure sports, bike renting services with separate packages.

- Business owned assets include furniture, AC, TVs, and other equipment.

Products & Services Overview

Accommodation, river rafting, bike renting, cafe music.

Facilities Overview

1.5 acres leased property for a 10-year lease.

Capitalization Overview
Not Disclosed
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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