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Serviced Apartment Investment Opportunity in Jaipur, India

Business offers fully furnished rooms on private and sharing basis with restaurant and centralized kitchen.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 176 thousand
Run Rate Sales USD 176 thousand
EBITDA Margin 30 %
Industries Serviced Apartments
Locations  Jaipur
Local Time 2:44 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 117 thousand for 15.0% stake (Native Currency: INR 10,000,000)
Reason: - To increase the beds, add more rooms and expand the brand. - We have a lot of growth to expect fr... View More
Includes physical assets worth USD 530 thousand
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Business Overview
- Jaipur based business with serviced apartments that has been operational for more than 12 years.
- Have 85 rooms spread across 8 properties.
- Business also has a centralized kitchen to serve to all the guests and a restaurant.
- Business has 200 cots and plans to expand it to 500 cots soon.
- We offer short and long stay services. 75% are long-staying occupants and 35% are short staying occupants.
- Overall occupancy rate is approx. 70-75%.
- Typical occupants are working professionals, tourists, and students.
- Restaurant was recently started so the majority of the revenue is from the homestay.
- Registered on many online portals to get bookings.
- Have a marketing team for promotional activities.
Products & Services Overview
- Long and short homestay services.
- Cloud kitchen.
- Restaurant that serves Indian and Chinese food.
Assets Overview
Land (3 in number), buildings, kitchen equipment, cots, chairs, tables, sofa, dining table, fridge, geyser, WiFi, CCTV, TV, washing machine.
Facilities Overview
- Have 3 owned and 5 leased properties to offer homestay services.
- Rented central kitchen and restaurant.
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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