Serviced Apartment Investment Opportunity in Chennai, India
Chennai based business providing hotel accommodation and paying guests services witnessing 5 bookings every day.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 104 thousand |
| Run Rate Sales | USD 104 thousand |
| EBITDA Margin | 30 % |
| Industries | Hotels + 1 more |
| Locations | Chennai |
| Local Time | 6:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
70 thousand
for
18.0%
stake
(Native Currency: INR 6,000,000)
Reason: - Business seeks investment for the construction of new buildings owned by promoters providing hotel...
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Includes physical assets worth
USD
140 thousand
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Documents
ROC-Verification.pdf
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Business Overview
- Business operates as a hotel and paying guest service provider with an average of 150 bookings every month.
- The average days of stay for hotel guests ranges from 3-5 days whereas for PG guests, it ranges from 2 months- 2 years.
- Have tied up with a cloud kitchen to provide food services.
- Revenue generated from the hotel and PG Services is 40% and 60% respectively.
- The business operates in two buildings, each with four floors. Two floors in each building are dedicated to hotel services, while the remaining two floors are designated for paying guest services.
- Business holds lease agreement and GST certificate.
- The average days of stay for hotel guests ranges from 3-5 days whereas for PG guests, it ranges from 2 months- 2 years.
- Have tied up with a cloud kitchen to provide food services.
- Revenue generated from the hotel and PG Services is 40% and 60% respectively.
- The business operates in two buildings, each with four floors. Two floors in each building are dedicated to hotel services, while the remaining two floors are designated for paying guest services.
- Business holds lease agreement and GST certificate.
Products & Services Overview
We provide hotel accommodation services to the company delegates and paying guest services to students and working professionals.
Assets Overview
Physical assets include hotel furniture like beds, A/C, fans, interiors, TV, CCTV and other fixtures.
Facilities Overview
- Business operates in 2 buildings with 4 floors totaling an area of 20,000 sq ft located in sub-urban part of Chennai.- Both the buildings are leased.
Capitalization Overview
- Business is self- funded and has two partners sharing 90% and 10% stake respectively.- No loans/debts on the business.
Recent Activity
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Earlier than 15 daysHedger, Wealth Management Services, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Chennai, Accounting Firm connected with the Business
-
Earlier than 15 daysTeam Lead, IT 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
·3 Star Hotel Investment Opportunity in Chennai, India
·4 Star Hotel Investment Opportunity in Chennai, India
·5 Star Hotel Investment Opportunity 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
·Hotel Investment Opportunity in Chennai, India
·Motel Investment Opportunity in Chennai, India
·Lodge Investment Opportunity in Chennai, India
·Invest in Serviced Apartment in Chennai, India
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