Serviced Apartment Investment Opportunity in Bangalore, India

Online platform for booking PGs in Bangalore and expanding with 10,900 beds currently available.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4.7 thousand
EBITDA Margin
27 %
Industries
Locations
Local Time
1:42 AM Bangalore
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 500 thousand for 15.0% stake (Native Currency: USD 500,000)
Reason: Require funding to increase the number of PGs in our inventory, target more areas in Bangalore and i... View More
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Business Name
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Business Overview

- We are an online booking platform for PGs in Bangalore for both boys and girls.

- Have 340 PGs currently listed on our website with over 10,900 beds available.

- Started operating 2 months ago without any marketing and have catered to 112 clients since then.

- Have 500 potential clients that we are currently unable to service as we do not have PG availability in their areas. We will be using the investment to target those areas.

- We receive a commission of about INR 500 per booking on our website.

- By the end of next year we aim to have atleast 50,000 bookings on an annual basis.

- Company is very lean and does not maintain physical assets.

Products & Services Overview

- Online platform for booking PGs in Bangalore.

- Data distribution of PG owners and PG seekers depending upon different pricing rates.

Facilities Overview
Recent Activity
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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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