Serviced Apartment for Sale in Bangalore, India
Well known service apartment, located in a prime spot in Bangalore is for sale.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 81 thousand |
| Run Rate Sales | USD 83 thousand |
| EBITDA Margin | 25 % |
| Industries | Serviced Apartments |
| Locations | Bangalore |
| Local Time | 1:05 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
44 thousand
(Native Currency: INR 3,800,000)
Reason: The managing partner is relocating to UAE.
Includes physical assets worth
USD
34.6 thousand
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Business Overview
- This is a well known service apartment, located in a prime spot in Kalyan Nagar, Bangalore.
- The apartment includes 6 compact two-bedroom apartments and 1 penthouse one bedroom apartment.
- Owing to the goodwill we have an 85 % occupancy rate.
- Business has no loans and is run by 4 partners, one holds a 40% stake in the business, and the other 3 own a 20% stake each.
- Search analytics can be shared with interested parties.
- The apartment includes 6 compact two-bedroom apartments and 1 penthouse one bedroom apartment.
- Owing to the goodwill we have an 85 % occupancy rate.
- Business has no loans and is run by 4 partners, one holds a 40% stake in the business, and the other 3 own a 20% stake each.
- Search analytics can be shared with interested parties.
Products & Services Overview
Service apartment with 6 compact two bedroom apartments and 1 penthouse one bedroom apartment.
Assets Overview
The buyer will get all the furniture, and fixtures along with the trade name, business listings, and security deposit.
Facilities Overview
The building has all basic amenities such as lift, power backup, reception and staff room. The premises are on rental basis and we pay a monthly rent of INR 2 lakh. The lease agreement is transferable to the buyer.
Capitalization Overview
We are total 4 partners of which one is managing partner. Business doesn't have any liabilities currently and is running profitable.
Recent Activity
-
Earlier than 15 daysHead Of Engineering, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAssociate, Government Entity, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCo-Founder, Hospitality, Pune, Individual Investor / Buyer connected with the Business
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