Real Estate Rental Business Investment Opportunity in Thrissur, India
|Employees||10 - 50|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 130 thousand|
|Run Rate Sales||USD 160 thousand|
|EBITDA Margin||20 %|
|Industries||Serviced Apartments + 1 more|
|Local Time||11:03 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Thrissur based business than has been operational for over a decade.
- We have a tie-up with a well-known coaching institute who trains medical PG aspirants for competitive exams.
- We offer accommodation services to the students close to the training centre.
- Every year the training centre receives more than 1,000 students but we are able to offer accommodation to only around 100 students.
- We have taken over 50 apartments and villas on lease and we sublease them to students.
- Recently signed an agreement to provide accommodation to 500 students. So we need to take more properties on lease and develop our own properties.
- The promoter is a civil engineer by profession and has more than 10 years of experience in this field.
- We get monthly rent from the students or from the training institute to generate revenue.
We sublease apartments, houses and villas to medical PG aspirants who come here for coaching.
75 cents of land, 100 cots, beds, ACs, TVs.
Have an own 75 cents of land where we plan to develop houses and apartments.
Now we have taken more than 50 apartments and villas on lease.
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with this business