Serviced Apartment Investment Opportunity in Chennai, India
Tamil-Nadu based business providing hostel services with 100% occupancy rate seeks investment.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 50 thousand |
| Run Rate Sales | USD 50 thousand |
| EBITDA Margin | 40 % |
| Industries | Serviced Apartments |
| Locations | Chennai |
| Local Time | 8:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
23.4 thousand
for
50.0%
stake
(Native Currency: INR 2,000,000)
Reason: - Business seeks investment for renting 2 more buildings for hostel services near 200 feet ring road...
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Includes physical assets worth
USD
9.3 thousand
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Business Name
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User Verification
Business Overview
- Business offers hostel services for college students and professionals with 100% occupancy rate located in a prime location close to many colleges.
- We have rented 4 buildings which have 7 houses with 3 rooms in each.
- We provide double and three sharing rooms for our hostel guests.
- We charge rent of INR 9,500 per individual.
- We have a rental deposit of INR 15,00,000 lakh collected from our hostel guests.
- Employed security personnel and managed staff for all the buildings.
- Business holds a rental agreement.
- We have rented 4 buildings which have 7 houses with 3 rooms in each.
- We provide double and three sharing rooms for our hostel guests.
- We charge rent of INR 9,500 per individual.
- We have a rental deposit of INR 15,00,000 lakh collected from our hostel guests.
- Employed security personnel and managed staff for all the buildings.
- Business holds a rental agreement.
Products & Services Overview
- Business offers hostel services that include security, housekeeping, CCTV surveillance, food, and Wi-Fi facilities.- Our services are utilized by college students and working professionals.
Assets Overview
Physical assets include hostel infrastructure like beds, study tables, sofa, TV, CCTV, Wi-Fi, washing machine, refrigerator and such.
Facilities Overview
- Business operates from four different buildings located in the sub-urban part of Chennai, each occupying a space of 1,200-1,400 square feet, with monthly rents ranging from 12,000-18,000 for each building.
Capitalization Overview
- Business is self-funded and the promoter owns 100% stake.- There are no loans/debts taken on the business. Investor will be the partner of 50% of the profit share.
Recent Activity
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Earlier than 15 daysDirector, Advertising, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, IT Consulting, Anakaputhur, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysInfra Technology Specialist, Information Technology & Services, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Self-Catering Accommodation Investment Opportunity in Chennai, India
·Serviced Accommodation Investment Opportunity in Chennai, India
·Self-Catering Accommodation Investment Opportunity in Madras
·Serviced Apartment Investment Opportunity in Chennai, India
·Serviced Accommodation Investment Opportunity in Madras
·Student Hostel Investment Opportunity in Chennai, India
·Invest in Self-Catering Accommodation in Chennai, India
·Serviced Apartment Investment Opportunity in Madras
·Self-Catering Accommodation Investment Opportunity
·Invest in Serviced Accommodation in Chennai, India
·Hostel Investment Opportunity in Chennai, India
·Student Hostel Investment Opportunity in Madras
·Invest in Self-Catering Accommodation in Madras
·Invest in Serviced Apartment in Chennai, India
·Serviced Accommodation Investment Opportunity
·PG Investment Opportunity in Chennai, India
·Invest in Serviced Accommodation in Madras
·Invest in Student Hostel in Chennai, India
·Serviced Apartment Investment Opportunity
·Investment Opportunity in Chennai, India
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