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Online Marketplace Company for Sale in Bhubaneswar, India

For Sale: Online platform providing hotel rooms on an hourly basis across different Indian cities.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 34 thousand
EBITDA Margin 10 - 20 %
Industries Online Marketplace
Locations  Bhubaneswar
Local Time 10:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 28.6 thousand (Native Currency: INR 2,500,000)
Reason: The owner wants to focus on an alternative business. The valuation expectation is completely justifi... View More
Includes physical assets worth USD 17 thousand
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Business Overview
- We have a customer base of around 10,000+ customers. and.
- Network of 200+ guest houses, in 8 cities.
- Last year our revenue was INR 30 lakh.
Market position: Currently we are the only hourly booking service in the city.
- We offer competitive prices and discounts for regular customers.
Products & Services Overview
Website and mobile application for customers to book rooms on an hourly basis. Huge customer base and network of hotels in 8 different cities. Bhubaneswar based company.
Assets Overview
We are entitled to a government grant worth INR 15 lakhs from the government. This INR 15 lakh will also be given to the buyer.
Intangible assets include the complete mobile application, website, and a company with a yearly profit of INR 3 lakh rupees.
Facilities Overview
We have one rented office in Bhubaneswar although we can work from home also. However, the company's registered address is in Jharsuguda.
Capitalization Overview
- Bootstrapped. The two co-founders made the initial investment to cover costs.
- We do not have any debt currently and we are profitable.
- The two co-founders have a 70:30 shareholding split.
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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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