Serviced Apartment for Sale in Bengaluru, India
For Sale: Business offering fully-managed long term luxury serviced accommodations for students and working professionals.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 5 % |
| Industries | Serviced Apartments |
| Locations | Bengaluru |
| Local Time | 6:30 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
325 thousand
(Native Currency: INR 28,000,000)
Reason: Directors of the company are involved with multiple businesses and are unable to dedicate time to th...
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Includes physical assets worth
USD
325 thousand
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Business Name
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Documents
Business Pamphlet
(1.4 MB)
Logo for Digital Ads
(17.7 KB)
Certificate of Registration
(524.2 KB)
GST Certificate
(169.5 KB)
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Company was established last year and offers fully serviced accommodation for students & working individuals.
- We have been providing quality and luxurious accommodations with an in-house gym, home theatre, study area, and separate laundry facilities.
- Have served over 100+ happy customers in the span of 1 year of the business.
- We specialize in long-term stays and the average stay duration is 1 month. The maximum stay duration is 1 year.
- Facility has 21 rooms (9 single rooms, 9 double sharing rooms, a 3 sharing room, and a 4 sharing room.
- Facility has a 90% occupancy rate.
- The company has 8 employees working in the marketing and management departments.
- We have been providing quality and luxurious accommodations with an in-house gym, home theatre, study area, and separate laundry facilities.
- Have served over 100+ happy customers in the span of 1 year of the business.
- We specialize in long-term stays and the average stay duration is 1 month. The maximum stay duration is 1 year.
- Facility has 21 rooms (9 single rooms, 9 double sharing rooms, a 3 sharing room, and a 4 sharing room.
- Facility has a 90% occupancy rate.
- The company has 8 employees working in the marketing and management departments.
Products & Services Overview
Long term accommodation business with:- Deluxe single and 2 share accommodation rooms with high quality bedding and interiors.
- Standard 3 share & 4 share rooms.
- 24/7 water, electricity, and security.
Assets Overview
Tangible Assets:- Accommodation building property - INR 4 crores.
- TV & refrigerators in every room with WiFi.
Intangible assets:
- Registered brand name to be evaluated.
-. com &. in domain names to be evaluated.
- Overall company value based on the current turnover, to be evaluated.
Facilities Overview
- Facility is near a well known engineering college in North Bangalore. Has a total built up area of around 5,400 sqft.- Property is owned by one promoter and has been leased to the company for administration purposes.
Capitalization Overview
- There is a construction bank loan of Rs. 50,00,000/- over the property.- There are no business loans associated with the company and all the funds required to manage the business are sufficiently generated by the business itself.
- Total number of shareholders - 2. One owns 99% and the other partner owns 1% share.
Recent Activity
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Suppliers Of Food Products, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, IT, Bengaluru, Individual Investor / Buyer connected with the Business
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