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Residential Real Estate Construction Business Investment Opportunity in Bangalore, India

Construction and maintenance of high-end retirement communes, looking to expand.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Bangalore
Local Time 9:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 2.4 million for 50.0% stake (Native Currency: INR 200,000,000)
Reason: - We are looking to expand to other cities as we have the expertise and considerable goodwill in the... View More
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Business Overview

- High-end retirement commune near Mysuru - stages 1,2,3 completed and stage 4 under progress.

- Received Best Senior Commune award from Times group 3 years ago.

- Reputed firm in the senior commune category.

- Excellent track record of completing projects on time.

- We are looking to buy around a 4-acre land area near Kempegowda International Airport. The average rate per acre running near the area is INR 4 crores.

- 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

Construction, sale and management of senior/retirement communes.

Assets Overview

We are yet to buy the land for the project.

Facilities Overview

Own main office is located in the center of the city on a 700 sqft area which is not part of the transaction.

Capitalization Overview

- Business is entirely self-funded.

- Zero business debts.

- Partnership firm with 2 partners, holding equal share, that is, 50% 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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