↩ Go Back
Need help?

Office Space Investment Opportunity in Ahmedabad, India

Company offers 4 co-working spaces, startup accelerator programs, and a crowdsourced corporate innovation partnership program.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 800 thousand for 10.0% stake (Native Currency: INR 70,000,000)
Reason: We plan to expand in 10 cities in the next two years, hire a technology team, and set up AI/IoT labs... View More
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 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.

Products & Services Overview

Our Solutions:

1. Startup accelerator programs.

2. Collaborative workspace.

3. Corporate innovations partnership.

Assets Overview

- Furniture, workstations, security systems, coffee machines, printing & photocopy machines, refrigerators, network infrastructure, and fixtures for 4 co-working spaces.

- Security deposit for the properties.

Facilities Overview

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%

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

551 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more