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Serviced Apartment Investment Opportunity in Bangalore, India

Serviced apartment in Bangalore has 10 rooms with an occupancy rate of 80%.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Bangalore
Local Time 5:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 22 thousand for 50.0% stake (Native Currency: INR 1,800,000)
Reason: To restart the business and expand.
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
GST Certificate
Business Overview

- A serviced apartment based in HSR Layout, Bangalore.

- The building has 10 rooms that we give out on a per-day rent basis.

- All rooms are fully furnished.

- Each room can accommodate 2 individuals.

- Have an average occupancy rate of 80%.

- We are located in a prime location in HSR Layout.

- Operations have been stopped due to Covid-19.

Products & Services Overview

Fully furnished serviced apartment with 10 rooms.

Assets Overview

Furniture, bed, lights and electronics that are essential for the tenants.

Facilities Overview

The building is rented and has 4 floors.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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