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Profitable Real Estate Rental Company Investment Opportunity in Mumbai, India

Owners of website allowing people to find homes for long term stay.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 17 thousand
EBITDA Margin 67 %
Industries Real Estate Rental + 1 more
Locations  Mumbai
Local Time 7:48 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 20 thousand for 38.0% stake (Native Currency: INR 1,700,000)
Reason: I'm selling my stake since I'm moving out of country.
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
Business Overview

- This business is like Airbnb, but instead of short stays, the website focuses on match making between home owners and renters for a long duration of stay.

- 9 houses have been listed on the website so far.

- Completed deals on 8 houses in Mumbai and Bangalore.

- Promoters have graduated from IIT, IIM, and HEC Paris.

Products & Services Overview

We aim to play a dual role in the home rental process. Firstly, for our customers (home owners), we aim to provide the best renting experience by furnishing their house with all amenities, finding the habitants and managing the agreements and payments. Secondly, for young professionals, we aim to ease the process of finding a quality and affordable accommodation in Indian metropolitan cities.

Facilities Overview

8# of fully furnished 2 BHK flats with accommodation for 36 professionals.

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.
This transaction has concluded. View similar business opportunities on SMERGERS
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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