Serviced Apartment Investment Opportunity in Bangalore, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 150 thousand|
|Run Rate Sales||USD 150 thousand|
|EBITDA Margin||25 %|
|Local Time||1:13 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- The valuation is based on the revenue generated.
- A registered brand with profitability looking at expanding in CBD areas and more with a mix of short-term and long-term stays.
- 2 curated properties together have 50 beds in the heart of Bangalore.
- We are expanding to 150 beds by the end of this year.
- We are having 80% occupancy rate throughout the year.
- The promoter has over 10 years of experience in the industry.
Tangible- Furniture, fixtures, appliances, beds and kitchen equipment.
Intangible- brand, website, and lease agreement.
- Office is located in the center of the city out of the properties we have leased.
- Both the properties combined in on a 5,500 sqft area.
- We pay a cumulative rent of INR 3.5 lakhs.
- Bootstrapped business.
- The company has 2 directors with 51% and 49 % shares.
- Business has no loans.
Earlier than 15 daysSupply Head, Hospitality, Mumbai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysManager, Accounting, Bangalore, Individual Investor / Buyer connected with the Business