Serviced Apartment for Sale in Bangalore, India
Hotel apartment with both hotel and apartment services located in Marathahalli, Bangalore is for sale.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 140 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 5 % |
| Industries | Hotels + 1 more |
| Locations | Bangalore |
| Local Time | 1:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
100 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
110 thousand
Documents
Hotel Registration
(1.9 MB)
PAN
(221.9 KB)
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.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysRegional Sales Head, Hospitality, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProgram Manager, Oil & Energy, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, IT, Bangalore, Individual Investor / Buyer connected with the Business
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