Parking Lot Operator Investment Opportunity in Bangalore, India
Business with a smart parking application that allows customers to navigate and park at locations.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 30 % |
| Industries | Parking Lot Operators + 1 more |
| Locations | Bangalore |
| Local Time | 4:41 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
117 thousand
for
15.0%
stake
(Native Currency: INR 10,000,000)
Reason: Funds are required to expand our business to 25 locations in Bangalore, hire staff and market our bu...
View More
Includes physical assets worth
USD
47 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
ROC-Verification.pdf
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Business Overview
- Our business has developed a smart parking application that allows customers to navigate and park at locations in Bangalore.
- Currently, we are in 3 locations in Bangalore and with a total of 59 parking lots.
- We generate revenue by charging customers on an hourly basis of use of the parking lot.
- We receive 30 to 35 bookings per day and have served 400+ customers till date.
- The application is developed and maintained by our in-house team.
- Business is debt-free and is run by 2 owners who hold equal ownership in the company.
- Company started operations this year hence did not report any revenue last year.
- Currently, we are in 3 locations in Bangalore and with a total of 59 parking lots.
- We generate revenue by charging customers on an hourly basis of use of the parking lot.
- We receive 30 to 35 bookings per day and have served 400+ customers till date.
- The application is developed and maintained by our in-house team.
- Business is debt-free and is run by 2 owners who hold equal ownership in the company.
- Company started operations this year hence did not report any revenue last year.
Products & Services Overview
Allows customers to navigate and book parking lots, long term parking, overnight parking, kiosk sales, and EV charging lots.
Assets Overview
Rental deposits, and removable assets at the property. The business also owns the software, and mobile application.
Facilities Overview
Parking lots with 3,000+ sq. ft. of space. These properties are on a lease for a period of 3 years. Our office is located in Bangalore and it is a co-working space.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Civil Engineering, Malappuram, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysIndividual Advisor, Da Nang, M&A Advisor connected with the Business
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