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Serviced Apartment for Sale in Kolkata, India

8 bedroom serviced apartment in a prime location for sale with assets in Kolkata.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 53 thousand
Run Rate Sales USD 53 thousand
EBITDA Margin 40 %
Industries Serviced Apartments
Locations  Kolkata
Local Time 10:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 930 thousand (Native Currency: INR 80,000,000)
Reason: The owner is relocating and therefore wishes to sell the business.
Includes physical assets worth USD 930 thousand
Interested to connect with advisors
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Business Overview
- The property features 8 bedrooms, (2 studio rooms and 6 bedrooms) along with dining and drawing. Currently, 2 bedrooms are occupied by the owner’s family. After relocation, all 8 bedrooms will be available for business use, significantly increasing revenue potential.
- Payments are collected upfront at the time of booking, ensuring financial security with no risk of bad debts.
- Well-established reputation of over 18 years, with consistently excellent reviews and ratings from clients around the world.
- 6 BHK apartment rated 9/10 on Booking. com, boasting 50% repeat clientele.
- A favorite among both foreign and domestic guests for its cleanliness, neatness, and well-ventilated interiors with ample natural light.
- Bathrooms and kitchens are strategically located on exterior walls, offering scenic city views.
- Equipped with modern amenities like automatic washing machines, unlimited drinking water via Eureka Forbes systems, gas, utensils, and cutlery to provide a hassle-free stay.
- Current occupancy rate of 72%, reflecting the property’s strong demand and popularity.
- The property can accommodate up to 20 people simultaneously, making it ideal for families, groups, or long-term stays.
- Peak business season runs from October to March, ensuring steady income during these months.
- Fully licensed with a valid Trade License and Ministry of Tourism approval, meeting all regulatory requirements for smooth operation.
- A secure, profitable, and well-loved property with potential for growth, particularly appealing to travellers seeking a mix of luxury, convenience, and personalized service.
Products & Services Overview
- Studio apartments combined with home-stay features, offering a unique and comfortable living experience for guests.
- The majority of clients are foreigners who appreciate the authentic home-stay experience, but domestic guests are equally satisfied with the quality and comfort.
Assets Overview
Tangible:
Full property fully furnished (3,850 sqft) with ongoing running business. Reserved car parking along the main gate. Linen and toiletries inventories.
Intangible:
All future sales monies from date of purchase and name, fame and glory and ratings and reviews and goodwill and established repeat clientele.
Facilities Overview
3,850 sq ft carpet / built up. Third floor of ground plus 4 stories building. First owner of freehold property appreciating and in the heart of the city. 24/7 lift and hot/ cold water filtered via the municipal corporation.
Located on Park Street.
Capitalization Overview
No loans or debts.
Self funded business.
Sole owner.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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