Serviced Apartment Investment Opportunity in Bangalore, India
Established | 30-40 year(s) |
Employees | 100 - 500 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 650 thousand |
Run Rate Sales | USD 800 thousand |
EBITDA Margin | 30 % |
Industries | Facility Management + 3 more |
Locations | Bangalore |
Local Time | 5:28 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
We are a well established profitable company. We have a good client base with excellent client reviews. We have been in the industry of facility management services for the past 20 years. The company is headed by myself as the proprietor and another lead head who assists me in all operations, management and core work. All our businesses / offices are very strategically located throughout Bangalore city which gives us tremendous business advantage.
We started with the facility management and have diversified into boutiques and a salon. Our latest addition is the serviced apartment. The service apartment has 11 rooms totally and a dining space as well. 7 rooms consists of 2 beds and 4 rooms consists of 3 beds.
The revenue figures will see a further fillip once the new businesses start contributing meaningfully to the topline. The funding will be used for marketing efforts and increasing the scope of the business.
We are into the business of.
I ) Facility management services.
Ii ) Serviced apartments in the hospitality services.
Iii ) 2 Boutiques and a Beauty salon.
I ) Serviced Apartment - Built up area of serviced apartment is approx 4,200 Sq Ft. Land area - 1,100 Sq Ft. The property is owned by us.
Ii ) Facility Management office - We are operating out of 1,000 Sq Ft of office space. Monthly Rent - Rs. 30K. Security Deposit - Rs. 3 Lakh. We have been using the facility for a long time now.
Iii ) Boutique - 1,200 Sq Ft of space. Monthly Rent of Rs. 43,000. Security Deposit - Rs. 4.5 Lakh.
Iv ) Salon - 800 Sq Ft of space. Monthly Rent of Rs. 35,000. Security Deposit - Rs. 3.5 Lakh. This space houses both the salon and a boutique.
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Earlier than 15 daysManager, Accounting, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Construction And Hospitality, Delhi, Corporate Investor / Buyer connected with the Business