Profitable Serviced Apartment for Sale in Bangalore, India

- We have a business of service apartments in Bangalore consisting of eight fully furnished flats in a standalone building near Bannerghatta Road, Bangalore.

- The property is newly constructed and has piped gas facility for all flats and an internal parking area on the ground floor.

- The business is managed by an MBA Alumni and is nearly always fully occupied with occupancy rates nearing 100%.

- Currently, the services are provided on monthly basis stays like a homestay. But has immense potential on a nightly basis too.

- The new owner can also add other streams of clientele flow by providing services for working professionals as a hostel/ paying guest facility and generate more than the current revenue. Thus there is a lot of potential present for scaling up the business.

- The business has one owner with a 100% stake in the company.

- Company does not have any outstanding liabilities.

Serviced apartment business in the center of south Bangalore catering to various clients on a monthly basis.

Physical assets include all furniture, fittings, LED- TV, geysers, washing machine, internet routers, geysers, land, and building. A full list of inventory and assets with more details can be shared with an interested buyer.

Intangible assets include the property title.

The built-up area is approx 5,000 sq ft. The building has the ground, first, second and third floor, and a terrace. With a total of 8 flats as an inventory. The building can be renovated and additional floors can also be added to create more space for the business.