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Residential Real Estate Construction Business for Sale in Bangalore, India

Profitable business of construction, marketing, sales and management of luxury retirement homes.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 600 - 700 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 35 %
Industries Residential Real Estate Construction
Locations  Bangalore
Local Time 9:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: INR 50,000,000)
Reason: Partners are looking to retire.
Includes physical assets worth USD 360 thousand
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Business Overview

- Reputed firm in the senior commune category.

- Received the Best Senior Citizen Community Living Award from Times of India 3 years ago.

- Excellent track record of completing projects on time.

- All approvals and sanctions are obtained.

- Infrastructure is fully developed including a fully furnished clubhouse.

- This is the first project completed under this brand.

- The company has 10 permanent employees and 30 contract-based employees who are workers.

- Promoters have 13 years of experience in this industry.

Products & Services Overview

Designing of senior communes.

Construction of senior homes.

Marketing.

Sales.

Management of senior communes.

Assets Overview

Proportionate share of land with infrastructure, fully furnished clubhouse, 750 sqft of office in the central business district in Bangalore, goodwill, and trained staff.

Facilities Overview

- Located on approximately 8 acres of land being developed in stages and around 1,35,000 sqft is already been built and sold (sale value being INR 47.00 crores). 71,000 sqft is yet to be built and sold. It is located in Pandavpura.

- Own main office is located in the center of the city on a 750 sqft area which is part of the transaction.

Capitalization Overview

- Fully self-funded business.

- No business debts, no loans.

- Partnership company with 2 partners - with 50% share each.

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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