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Small Real Estate Rental Company for Sale in Kolkata, India

Online hospitality tech platform that provides rental accommodations and office spaces with housekeeping.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 6 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin Nil
Industries Real Estate Rental + 1 more
Locations  Kolkata
Local Time 4:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.8 thousand (Native Currency: INR 150,000)
Reason: We are unable to manage the business.
Interested to connect with advisors
Documents
Business Overview

- We have a mobile application and a website through which users can rent commercial and residential spaces.

- Have around 8,000 registered users and 300 paid users among those searching for real estate spaces.

- On our website we have over 102 properties whose listings are managed by us.

- On our mobile app we have around 150 properties that are listed by owners.

- We also provide housekeeping services at these properties for an additional fee.

- The market has fallen due to Covid but we were able to grow our revenue by expanding into commercial spaces and providing housekeeping services.

- Presently we only provide our services and list properties based in Kolkata.

- Currently, operating at breakeven.

Products & Services Overview

Mobile app and website which allows users to rent residential and commercial spaces with housekeeping.

Assets Overview

Furniture, domain, website, technology, electronics and electrical infrastructure.

Facilities Overview

Rented 1,600 sq. ft. office with a rent of INR 18,000 monthly.

Capitalization Overview

- No Loans. We are bootstrapped.

- Company has 2 directors with equal shareholding.

Recent Activity
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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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