Parking Lot Operator Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 30 thousand |
EBITDA Margin | 30 % |
Industries | Parking Lot Operators + 1 more |
Locations | Bangalore |
Local Time | 7:56 AM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- 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.
Allows customers to navigate and book parking lots, long term parking, overnight parking, kiosk sales, and EV charging lots.
Rental deposits, and removable assets at the property. The business also owns the software, and mobile application.
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.
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Software, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, Resort And Real Estate, Bangalore, Individual Investor / Buyer connected with the Business