Profitable Serviced Apartment for Sale in Bangalore, India
Serviced apartment business with owned properties, fully furnished apartments for short and long term.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 162 thousand |
| Run Rate Sales | USD 182 thousand |
| EBITDA Margin | 40 % |
| Industries | Serviced Apartments |
| Locations | Bengaluru |
| Local Time | 12:36 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
540 thousand
(Native Currency: INR 50,000,000)
Reason: Finally ready for retirement and our serviced apartments business has the potential to expand 10x wi...
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Includes physical assets worth
USD
430 thousand
Interested to connect with advisors
Business Overview
- 17 years old serviced apartment business with a lot of goodwill and regular guests.
- We own 4 properties (two 2 BHKs and two studios). Apart from this, we have also rented out four 2 BHKs.
- Occupancy rate is around 90%.
- Guests stay with us for both the long term and short term.
- Business has the potential to expand 10x in 2 years. Phenomenal growth potential with 10000's searching for serviced apartments in Bangalore, every day.
- Location is our biggest USP (Koramangala location).
- Well-known serviced apartments. Strong presence in Google, good presence in online travel portals.
- Business has loans on properties but they will be cleared before the sale.
- Business has a single owner.
- We own 4 properties (two 2 BHKs and two studios). Apart from this, we have also rented out four 2 BHKs.
- Occupancy rate is around 90%.
- Guests stay with us for both the long term and short term.
- Business has the potential to expand 10x in 2 years. Phenomenal growth potential with 10000's searching for serviced apartments in Bangalore, every day.
- Location is our biggest USP (Koramangala location).
- Well-known serviced apartments. Strong presence in Google, good presence in online travel portals.
- Business has loans on properties but they will be cleared before the sale.
- Business has a single owner.
Products & Services Overview
Fully furnished serviced apartment business for short and long term.
Assets Overview
Property features:G + 2 floors built on 1,200 sq. ft. land.
2 – 1BHK suites on ground floor – fully furnished & kitchen.
1 – 2BHK apartment on the first floor – fully furnished & kitchen.
1 – 2BHK apartment on the second floor – fully furnished & kitchen.
Strong presence on Google.
Good presence on online travel portals.
Custom constructed buildings.
Fully furnished apartments.
Excellent team.
Facilities Overview
Owned property features:G + 2 floors built on 1,200 sq. ft. land.
2 – 1BHK suites on ground floor – fully furnished & kitchen.
1 – 2BHK apartment on the first floor – fully furnished & kitchen.
1 – 2BHK apartment on the second floor – fully furnished & kitchen.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPartner, Investments, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Technology, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Manager, Banking, Bengaluru, Individual Investor / Buyer connected with the Business
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