Serviced Apartment for Sale in Bangalore, India
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 17.4 thousand |
Run Rate Sales | USD 21 thousand |
EBITDA Margin | 40 % |
Industries | Serviced Apartments |
Locations | Bengaluru |
Local Time | 8:28 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The property is newly constructed and has piped gas facility for all flats and an internal parking area on the ground floor.
- The business is managed by an MBA Alumni and is nearly always fully occupied with occupancy rates nearing 100%.
- Currently, the services are provided on monthly basis stays like a homestay. But has immense potential on a nightly basis too.
- The new owner can also add other streams of clientele flow by providing services for working professionals as a hostel/ paying guest facility and generate more than the current revenue. Thus there is a lot of potential present for scaling up the business.
- The business has one owner with a 100% stake in the company.
- Company does not have any outstanding liabilities.
Intangible assets include the property title.
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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 daysProprietor, Intercity Bus Operations, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Resort, Madikeri, Individual Investor / Buyer connected with the Business