Serviced Apartment for Sale in Bangalore, India

Hotel apartment with both hotel and apartment services located in Marathahalli, Bangalore is for sale.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 160 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 5 %
Industries Hotels + 1 more
Locations  Bangalore
Local Time 7:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 110 thousand (Native Currency: INR 8,000,000)
Reason: Not able to fill the rooms due to lack of funds for marketing.
Includes physical assets worth USD 130 thousand
Documents
PAN
Business Overview

- Serviced apartment located in Marathahalli, Bangalore. This property is very close to IT parks.

- Building has 7 floors with a ground floor consisting of office room, server room, reception area, smoking area & cafeteria.

- Building has 30 2-BHK flats and 7 single rooms.

- All flats are furnished with 5 seater sofa set, 1 master bedroom & 1 twin bedroom.

- On weekdays, the occupancy rate would be around 45% and 70% on the weekends.

- Terrace has a kitchen unit for ordering food.

- Breakfast & swimming pool facilities are complementary.

Products & Services Overview

Hotel apartment for daily & monthly rental basis.

Facilities Overview

Total area size is 6,000 sqft and it is on a lease.

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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