Office Space Investment Opportunity in Ahmedabad, India
Established | 5-10 year(s) |
Employees | 50 - 100 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 1 - 2 million |
Run Rate Sales | USD 1.7 million |
EBITDA Margin | 10 - 20 % |
Industries | Consulting + 1 more |
Locations | Ahmedabad |
Local Time | 8:20 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Company provides co-working spaces, startup accelerator programs, and a crowdsourced corporate innovation partnership program.
- With our multiple business models, we intend to unify the journey for enterprises, SMEs, startups, developers, universities, and investors and venture tactfully into growing our co-working footprint across the nation.
- We also provide breakthrough solutions to enterprises through our co-creation (open innovation platform) solutions and accelerator programs.
- Our primary vertical is co-working spaces and it generates more than 90% of our revenue. We have leased 4 properties in Ahmedabad (2), Vadodara, and Mumbai, with permission for subleasing.
- Have 57 clients which include well-known companies such as QX Global, American Express, Thomson Reuters, Zee Entertainment, and many more.
- We plan to expand into multiple cities via an asset-light model of zero Investment towards furniture and revenue share with the developer/builder. Have leased 2 new properties in Goa and Hyderabad under our new model.
- For our start-up acceleration program, we have invested in 3 technology-driven start-ups (cloud kitchen, health tech, and finance/lending) and have a 6-8% stake in the business. Since our investment, the valuation of these start-ups has doubled.
- With our corporate innovation arm, we cater to big corporates like DCB Bank, Bank of America, AB InBeverages, and many more, to provide crowdsourced innovative solutions. We charge a fixed fee and a success fee for our clients.
- Have a strong consulting team with 15+ years of experience in technology-driven industries.
Our Solutions:
1. Startup accelerator programs.
2. Collaborative workspace.
3. Corporate innovations partnership.
- Furniture, workstations, security systems, coffee machines, printing & photocopy machines, refrigerators, network infrastructure, and fixtures for 4 co-working spaces.
- Security deposit for the properties.
1. Ahmedabad:
Super built-up area: 40,000 sq. ft.
No. of floors: 3.
Agreement Period: 9 Years.
Lock-In term: 5 Years.
Annual Increment: 5%
Occupancy: 92%
2. Vadodara:
Super built-up area: 25,000 sq. ft.
No. of floors: 1.
Agreement Period: 9 Years.
Lock-In term: 5 Years.
Annual Increment: 5%
Occupancy: 95%
3. Mumbai:
Super built-up area: 21,000 sq. ft.
No. of floors: 1.
Agreement Period: 9 Years.
Lock-In term: 5 Years.
Annual Increment: 5%
Occupancy: 70%
4. Ahmedabad II.
Super built-up area: 35,000 sq. ft.
No. of floors: 1.
Agreement Period: 9 Years.
Lock-In term: 5 Years.
Annual Increment: 5%
Occupancy: 60%
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Earlier than 15 daysMD & CEO, Risk Management, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Information Technology, Ahmedabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business