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Serviced Apartment for Sale in Bangalore, India

Boutique co-living spaces with an 80 percent occupancy rate seeking to sell the business/ brand.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 25 %
Industries Serviced Apartments
Locations  Bangalore
Local Time 5:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: INR 25,000,000)
Reason: The owners wish to exit the business due to the inability to pump in more working capital. Business ... View More
Includes physical assets worth USD 60 thousand
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Business Overview

- 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.

Products & Services Overview

Co-living.

Shared accommodation.

Traveler hostel.

Executive stay.

Assets Overview

Tangible- Furniture, fixtures, appliances, beds and kitchen equipment.

Intangible- brand, website, and lease agreement.

Facilities Overview

- 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.

Capitalization Overview

- Bootstrapped business.

- The company has 2 directors with 51% and 49 % shares.

- Business has no loans.

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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