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Serviced Apartment for Sale in Lucknow, India

Backpacker hostel and café business with strong occupancy, excellent ratings, and scalable expansion potential.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 0 - 10 %
Industries Serviced Apartments
Locations  Lucknow
Local Time 9:50 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 74 thousand (Native Currency: INR 7,000,000)
Reason: The founder wishes to focus on new business opportunities.
Includes physical assets worth USD 74 thousand
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Business Name
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Business Overview
- Hospitality and backpacker hostel business operating two fully functional hostels in Gomti Nagar, Lucknow, with a total capacity of 60 beds and an in-house café with ~ 10 seating capacity.
- The business serves domestic and international travelers, digital nomads, students, and long-stay guests, and has established a strong presence across major OTA platforms.
- Generates over ₹4,00,000 in monthly revenue, including more than ₹80,000 from café operations, while maintaining average occupancy above 70%.
- The business enjoys excellent customer ratings, including 4.9 on Google, 4.9 on MakeMyTrip, and 9.4 on Booking. com.
- Business has an FSSAI license.
- Growth opportunities include expansion into additional cities, student housing partnerships, corporate stay programs, workation packages, and the development of a franchise model.
Products & Services Overview
- The business's primary services are backpacker hostel accommodation and café operations.
- The two hostels cater to domestic and international travelers, digital nomads, students, and long-stay guests who book through OTA platforms and direct channels.
- The in-house café complements the accommodation offering by serving vegetarian food, including coffee, beverages, snacks, and fast food, to hostel guests as well as walk-in customers.
Assets Overview
Physical assets: Furniture and fixtures for two hostels, including beds, furnishings, common area setups, café equipment, and fully furnished hostel infrastructure.

Intangible assets: Brand name and goodwill, fully developed website and domain, OTA accounts (Booking. com and MakeMyTrip), social media accounts, operational systems and SOPs, and an established vendor network.
Facilities Overview
Two fully operational and fully furnished backpacker hostels located in Gomti Nagar, Lucknow, operating from rented premises. The facilities include dormitory accommodations, common areas, work-friendly spaces, an in-house café, hostel infrastructure with furniture and fixtures, café equipment, and established operational systems and processes. The properties are rented/leased as part of an asset-light business model. All brand-related and operational assets are included in the transaction; however, the underlying real estate is not included.
Capitalization Overview
Self-funded.
Single-owner sole proprietorship business.
No loans or liabilities.
Recent Activity
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1 Buyer contacted this Business this week. 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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