↩ Go Back
Need help?

Serviced Apartment Investment Opportunity in Chennai, India

Constructing a 4-star serviced apartment with 42 rooms and a chain of restaurants across Chennai.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 140 thousand
EBITDA Margin Nil
Industries Serviced Apartments + 1 more
Locations  Chennai
Local Time 4:17 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 6 million for 40.0% stake (Native Currency: INR 500,000,000)
Reason: - INR 35 crore will be invested in the construction of serviced apartments. - INR 15 crore will be ... View More
Includes physical assets worth USD 3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

Company is looking for funds to construct a 4-star serviced apartment on its own land in Ambattur and a chain of restaurants across Chennai. We are seeking INR 35 crore for serviced apartments and rest INR 15 crore for the chain of restaurants.

Serviced apartment:

Company plans to construct a 4-star serviced apartment in Ambattur with 42 rooms, one bar and one restaurant. The land of approx 16,000 sq ft is owned by the company and it's currently vacant. We have acquired the construction license from CMDA and have already designed the architectural structure. We will outsource the construction process and are currently in talks with a few big builders. After raising funds, we will start the construction.

Restaurant chain:

Company currently runs one restaurant with 130 seats and is in the process to start the 2nd and 3rd restaurants soon. The 1st restaurant's facility is leased and the 2nd & 3rd restaurant's facility will also be on lease. We plan to set up a chain of restaurants across Chennai and with our current investment requirement, we plan to start 7-8 restaurants. Each restaurant will have 60-100 seats and the facility will be taken on lease.

The revenue and employees mentioned on the profile are only from our one running restaurant. Business owned assets include land for serviced apartment and furniture & fixtures at our 1st restaurant.

Products & Services Overview

Serviced apartments:

The serviced apartment will have 42 rooms, one bar, one restaurant, one swimming pool, one meeting room and a gym.

Chain of restaurants:

Company currently runs one restaurant and is in the process to open two more restaurants. After raising funds, we intent to open 7-8 restaurants across Chennai. Each restaurant will serve both veg and non-veg food.

Facilities Overview

Serviced apartment:

Company owns a land of approx 16,000 sq ft. The built up area comprising of all the floors will be approx 45,000 sq ft.

Chain of restaurant:

The current restaurant's facility is leased and all the upcoming restaurant's facility will also be on lease.

Capitalization Overview
Not Disclosed
Recent Activity
Tags:

Newly Established Self-Catering Accommodation Investment Opportunity in Chennai, India

·

Newly Established Serviced Accommodation Investment Opportunity in Chennai, India

·

Newly Established Fine Dine Restaurant Investment Opportunity in Chennai, India

·

Newly Established Self-Catering Accommodation Investment Opportunity in Madras

·

Newly Established Serviced Apartment Investment Opportunity in Chennai, India

·

Newly Established Casual Restaurant Investment Opportunity in Chennai, India

·

Newly Established Serviced Accommodation Investment Opportunity in Madras

·

Newly Established Student Hostel Investment Opportunity in Chennai, India

·

Invest in Newly Established Self-Catering Accommodation in Chennai, India

·

Newly Established Fine Dine Restaurant Investment Opportunity in Madras

·

Newly Established Serviced Apartment Investment Opportunity in Madras

·

Newly Established Restaurant Investment Opportunity in Chennai, India

·

Newly Established Casual Restaurant Investment Opportunity in Madras

·

Newly Established Self-Catering Accommodation Investment Opportunity

·

Invest in Newly Established Serviced Accommodation in Chennai, India

·

Invest in Newly Established Fine Dine Restaurant in Chennai, India

·

Newly Established Hostel Investment Opportunity in Chennai, India

·

Newly Established Student Hostel Investment Opportunity in Madras

·

Invest in Newly Established Self-Catering Accommodation in Madras

·

Invest in Newly Established Serviced Apartment in Chennai, India

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

556 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more