Profitable Serviced Apartment for Sale in Bangalore, India
Serviced apartment business with owned properties, fully furnished apartments for short and long term.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 174 thousand |
| Run Rate Sales | USD 195 thousand |
| EBITDA Margin | 40 % |
| Industries | Serviced Apartments |
| Locations | Bangalore |
| Local Time | 4:14 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
580 thousand
(Native Currency: INR 50,000,000)
Reason: Finally ready for retirement and our serviced apartments business has the potential to expand 10x wi...
View More
Includes physical assets worth
USD
460 thousand
Interested to connect with advisors
Business Overview
- 17 years old serviced apartment business with a lot of goodwill and regular guests.
- We own 4 properties (two 2 BHKs and two studios). Apart from this, we have also rented out four 2 BHKs.
- Occupancy rate is around 90%.
- Guests stay with us for both the long term and short term.
- Business has the potential to expand 10x in 2 years. Phenomenal growth potential with 10000's searching for serviced apartments in Bangalore, every day.
- Location is our biggest USP (Koramangala location).
- Well-known serviced apartments. Strong presence in Google, good presence in online travel portals.
- Business has loans on properties but they will be cleared before the sale.
- Business has a single owner.
- We own 4 properties (two 2 BHKs and two studios). Apart from this, we have also rented out four 2 BHKs.
- Occupancy rate is around 90%.
- Guests stay with us for both the long term and short term.
- Business has the potential to expand 10x in 2 years. Phenomenal growth potential with 10000's searching for serviced apartments in Bangalore, every day.
- Location is our biggest USP (Koramangala location).
- Well-known serviced apartments. Strong presence in Google, good presence in online travel portals.
- Business has loans on properties but they will be cleared before the sale.
- Business has a single owner.
Products & Services Overview
Fully furnished serviced apartment business for short and long term.
Assets Overview
Property features:G + 2 floors built on 1,200 sq. ft. land.
2 – 1BHK suites on ground floor – fully furnished & kitchen.
1 – 2BHK apartment on the first floor – fully furnished & kitchen.
1 – 2BHK apartment on the second floor – fully furnished & kitchen.
Strong presence on Google.
Good presence on online travel portals.
Custom constructed buildings.
Fully furnished apartments.
Excellent team.
Facilities Overview
Owned property features:G + 2 floors built on 1,200 sq. ft. land.
2 – 1BHK suites on ground floor – fully furnished & kitchen.
1 – 2BHK apartment on the first floor – fully furnished & kitchen.
1 – 2BHK apartment on the second floor – fully furnished & kitchen.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Investments, Bangalore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Technology, Bangalore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Manager, Banking, Bangalore, Individual Investor / Buyer connected with the Business
Tags:
Profitable Self-Catering Accommodation for Sale in Bangalore, India
·Purchase Profitable Self-Catering Accommodation in Bangalore, India
·Profitable Serviced Accommodation for Sale in Bangalore, India
·Buy Profitable Self-Catering Accommodation in Bangalore, India
·Purchase Profitable Serviced Accommodation in Bangalore, India
·Profitable Self-Catering Accommodation for Sale in Bengaluru
·Purchase Profitable Self-Catering Accommodation in Bengaluru
·Profitable Serviced Apartment for Sale in Bangalore, India
·Purchase Profitable Serviced Apartment in Bangalore, India
·Buy Profitable Serviced Accommodation in Bangalore, India
·Profitable Serviced Accommodation for Sale in Bengaluru
·Buy Profitable Self-Catering Accommodation in Bengaluru
·Purchase Profitable Serviced Accommodation in Bengaluru
·Profitable Student Hostel for Sale in Bangalore, India
·Purchase Profitable Student Hostel in Bangalore, India
·Buy Profitable Serviced Apartment in Bangalore, India
·Profitable Serviced Apartment for Sale in Bengaluru
·Purchase Profitable Serviced Apartment in Bengaluru
·Buy Profitable Serviced Accommodation in Bengaluru
·Buy Profitable Student Hostel in Bangalore, India
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.
