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Real Estate Agency Investment Opportunity in Chennai, India

Residential property management company in Chennai seeks investment to launch a mobile app.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 20.4 thousand
Run Rate Sales USD 20.4 thousand
EBITDA Margin 20 %
Industries Facility Management + 1 more
Locations  Chennai
Local Time 12:48 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 227 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: To complete the development of our software product, for marketing and working capital.
Includes physical assets worth USD 2.27 thousand
Documents
Business Overview
- Company registered in Thiruvallur and operating from Chennai offers complete residential property management services to clients.
- We look after the property, take care of rent, tenants and repairs.
- Have developed a mobile app to digitize the business. Will launch the mobile app on iOS and Android in a month.
- Currently managing 1 apartment property in Chennai.
- We charge a 12-13% commission on the total rent of each property.
- Promoter has more than 6 years of experience in the property management industry.
- Business owns furniture, computers and mobile app.
Products & Services Overview
We are a residential property management company. We offer a one-stop solution to property owners. We look after the property, take care of rent, tenants and repairs. Developing a mobile application to digitize the business.
Facilities Overview
Operating from a rental facility. Will upgrade the office once the investment is received.
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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