Rented Commercial Property for Sale in Bangalore, India
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 283 thousand |
| Run Rate Sales | USD 137 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Serviced Apartments + 1 more |
| Locations | Bengaluru |
| Local Time | 11:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- It has 300+ beds in Bangalore and was operating at 99%+ occupancy for ~5 years pre-Covid.
- The properties are acquired on either lease or revenue sharing basis from the landlords.
- Company earns its revenue through rental arbitrage and is cash flow positive even in Covid and lockdown times.
- The tenants (our customers) pay us rent and we manage the facility end to end.
- We are rated 5/5 on customer satisfaction, which is the best in India.
- Have strong customer and landlord relationships.
- We utilize all channels of advertising like online, offline, and affiliate marketing.
- Have occasionally had 100% organic social media campaigns which required no expenditure on social media ads.
- Sales have reduced as the main clientele of white-collar migrants have temporarily moved out of Bangalore.
- We are a Proptech company that was selected in both Microsoft Bizspark and Facebook Start.
-
Earlier than 15 daysHead Of Operations, IT Components & Hardware, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, Construction And Real Estate., Bengaluru, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysVP - AI, Technology, Bengaluru, Individual Investor / Buyer connected with the Business