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Serviced Apartment Investment Opportunity in Goa, India

Investment opportunity - Fully Furnished Service apartments From World Class Builder in Vagator, Goa.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales USD 340 million
Run Rate Sales USD 395 million
EBITDA Margin 30 %
Industries Serviced Apartments
Locations  Goa
Local Time 9:09 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 1.7 million for Undisclosed stake (Native Currency: INR 150,000,000)
Reason: Sale of service apartments.
Documents
Business Overview
Our group has booked the entire residential part of 25,500 sq ft with 24 apartments in the Ground, 1st & 2nd floors of an upcoming project in Vagator.
- The construction is by a reputed group from Pune.
- Fully furnished service apartments including white goods.
- The furnishings are of five star categories.
- The furnishings include fully furnished hall, dining, kitchen cabinets, bed rooms. A. C in hall and bed rooms, 1 TV, 1 fridge, 1 Microwave, 1 washing machine etc.
- Guaranteed rental income of Rs. 40 per sq ft per month.
Products & Services Overview
Fully Furnished Service Apartments from a world class builder.
Facilities Overview
Land in Vagatore and construction being done.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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