Serviced Apartment for Sale in Bangalore, India
Boutique co-living spaces with an 80 percent occupancy rate seeking to sell the business/ brand.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 142 thousand |
| Run Rate Sales | USD 142 thousand |
| EBITDA Margin | 25 % |
| Industries | Serviced Apartments |
| Locations | Bangalore |
| Local Time | 4:41 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
295 thousand
(Native Currency: INR 25,000,000)
Reason: The owners wish to exit the business due to the inability to pump in more working capital. Business ...
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Includes physical assets worth
USD
59 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(66.4 KB)
Business Overview
- A registered brand with profitability looking at expanding in CBD areas and more with a mix of short-term and long-term stays.
- 2 curated properties together have 50 beds in the heart of Bangalore.
- We are expanding to 150 beds by the end of this year.
- We are having 80% occupancy rate throughout the year.
- The promoter has over 10 years of experience in the industry.
- 2 curated properties together have 50 beds in the heart of Bangalore.
- We are expanding to 150 beds by the end of this year.
- We are having 80% occupancy rate throughout the year.
- The promoter has over 10 years of experience in the industry.
Products & Services Overview
Co-living.Shared accommodation.
Traveler hostel.
Executive stay.
Assets Overview
Tangible- Furniture, fixtures, appliances, beds and kitchen equipment.Intangible- brand, website, and lease agreement.
Facilities Overview
- Office is located in the center of the city out of the properties we have leased.- Both the properties combined in on a 5,500 sqft area.
- We pay a cumulative rent of INR 3.5 lakhs.
Capitalization Overview
- Bootstrapped business.- The company has 2 directors with 51% and 49 % shares.
- Business has no loans.
Recent Activity
-
Earlier than 15 daysDirector, Corporate Housing, New Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Real Estate Agency, Seattle, Corporate Investor / Buyer connected with the Business
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