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Serviced Apartment Investment Opportunity in Dhaka, Bangladesh

Firm runs 2 hostels located near colleges in Dhaka having 100% occupancy rate.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 74 thousand
Run Rate Sales USD 83 thousand
EBITDA Margin 16 %
Industries Serviced Apartments
Locations  Dhaka
Local Time 7:11 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 16.4 thousand for 15.0% stake (Native Currency: BDT 2,000,000)
Reason: For renovating 2 new hostels and starting the operations.
Includes physical assets worth USD 20.4 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
Firm runs 2 girls hostel in Dhaka in an area which has multiple colleges around. Both the hostels are located in the same area and has 100% occupancy rate. Each hostel has 40 rooms and occupancy for 120 students. Our tenants are mostly college students and also few job seekers. We have taken both the hostels on a rental basis from the landlord and have renovated it.
Apart from 2 running hostels, we have recently taken 2 more hostels on rent and are looking to raise funds to renovate the interiors and start operations. Both these new hostels are also located in the same area where our 2 hostels are already running. One of the new hostel has 40 rooms and the other has 50 rooms. Both these new hostels can occupy 250+ tenants (combined)
Business owned assets include furniture, furnishing, interiors and other fixtures installed at 2 running hostels. The other 2 new hotels are yet to be renovated and the funds will be used for the same.
Products & Services Overview
- Hostel for college students and job seekers.
- Also provide food, WiFi and cleaning services.
Facilities Overview
All the below hostels are on rental agreement of 4 years (renewable):
- Two running hostels has 40 rooms each.
- The new two hostels has 40 and 50 rooms respectively.
Capitalization Overview
Not Disclosed
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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