Real Estate Agency Investment Opportunity in Saidpur, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 360 thousand |
Run Rate Sales | USD 60 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Recruitment Agencies + 1 more |
Locations | Saidpur |
Local Time | 1:52 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are a real estate agency for residential real estate projects. We also provide recruitment services to clients in the FMCG, beverages, and banking industry.
- Have tied-up with 10 reputed builders and 15-20 local builders to execute the projects.
- Generally, we execute 30-40 projects for a year. We completed 8 residential projects during the first quarter of this year, but due to COVID, we had to stop our operations temporarily.
- Have 20 clients for our recruitment vertical which includes companies in the FMCG, beverages, and banking industry. We only recruit the candidates and the payroll is managed by the clients.
- Revenue model: For real estate projects, we receive a 2% commission of the total project from the builders. The average project worth is INR 30 lakh. For the recruitment vertical, we either get a fixed fee or get 6% of the annual CTC for every selected candidate based on the client.
- Revenue split: 65% of our revenue is from real estate services and 35% is from the recruitment services.
- Our revenue has dropped significantly due to COVID restrictions, as we had to temporarily stop working on residential projects. Recruitments have also been affected due to lower demand from companies.
- Business owned assets include computer and office furniture.
- Real estate agency providing marketing on behalf of builders & companies.
- Recruitment solutions for our prestigious clients.
Rented office of 252 sq ft for INR 8,000 per month.
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Earlier than 15 daysDirector, Real Estate, Kanpur, Individual Investor / Buyer connected with the Business