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Small Real Estate Agency Investment Opportunity in Bangalore, India

Mobile application for listing and rental of real estate is seeking funds to expand operations.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 140
EBITDA Margin Nil
Industries Real Estate Agencies + 1 more
Locations  Bangalore
Local Time 6:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 6 thousand for 17.0% stake (Native Currency: INR 500,000)
Reason: We are planning to expand our business to other cities, require funds to market the app and to hire ... View More
Includes physical assets worth USD 600
Interested to connect with advisors
Documents
Business Overview

- Company with an Android application and website for listing and rental of houses, commercial properties, PGs, and co-working spaces.

- Will be a marketplace where the property owners can list their properties for a one-time payment of INR 499.

- Customers looking for properties to rent will not be charged any fees for signing up on the platform as well as any brokerage.

- Have made initial sales through our Facebook page.

- We will not have any properties listed by property brokers/agents.

- The app developed in-house is already live on Google Play and has 50+ downloads.

- Promoter has 3 years of experience in sales and marketing in the real estate sector.

Products & Services Overview

Android application and website for rental of houses, commercial properties, PGs, co-working spaces.

Assets Overview

Business owns 1 computer.

Facilities Overview

Most employees are working remotely, we have rented 2 seats in a co-working space for hiring purposes for a total rent of INR 8,000 per month.

Capitalization Overview
Not Disclosed
Recent Activity
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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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