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Serviced Apartment for Sale in Anand, India

For sale: Established 25-year-old student accommodation housing and a publicly accessible pure vegetarian restaurant.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 31.5 thousand
EBITDA Margin 30 - 40 %
Industries Serviced Apartments + 1 more
Locations  Anand
Local Time 10:16 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 490 thousand (Native Currency: INR 43,000,000)
Reason: The owner, currently based in the UK, has successfully managed this business with the help of their ... View More
Includes physical assets worth USD 450 thousand
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Business Overview
- The business is a combined student accommodation and vegetarian restaurant located in Anand, catering primarily to students seeking convenient lodging and meals.
- The facility can house up to 78 students and spans three floors, offering essential hosted living with a current occupancy rate of 70%.
- Established 25 years ago, it has a rich history in providing reliable accommodation and dining services, becoming a staple in the local community.
- The ground floor features a vegetarian restaurant which appeals to local residents and students, serving as a social and dining hub with a daily footfall of 20-30 customers.
- The restaurant and student accommodation are separate revenue streams, ensuring diverse income opportunities within the hospitality and dining industry.
- The establishment employs 25 staff members who manage both the accommodation services and restaurant operations, ensuring a seamless experience for students and diners.
- By combining hospitality with food services, this business fulfils essential needs for students, making it an ideal investment in the thriving education and restaurant sectors.
Products & Services Overview
The business operates a hotel and restaurant offering:
- Pure veg restaurant – Caters to local resident and professionals via dine-in and takeaway.
- Student accommodation – Provides fully furnished long-term stays for students, ensuring consistent rental income.
Assets Overview
Tangible assets include entire building complex, including outdoor parking valued at INR 3.9 crore.
Intangible assets include FSSAI and fire safety approvals.
Facilities Overview
The facility comprises four owned floors, with a total built-up area of 5,000 square feet.
Capitalization Overview
The business is fully self-funded with no outstanding loans.
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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