Serviced Apartment Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Serviced Apartments |
Locations | Mumbai |
Local Time | 11:37 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Handling 20+ properties in 5 cities out of which 6 are fully owned by the company, a few are leased and some are on revenue sharing.
- Owing to the goodwill we have a 60% occupancy rate.
- Have villas in the best vacation cities in India such as Lonavala, Mumbai, Badlapur, Karjat and Pali.
- More than 40,000 happy guests have stayed with us to date.
- Adding 3 to 6 properties every year.
- Plans to add more destinations in the coming months.
Currently we are doing on an average 15 to 18 lacs turnover per month.
We offer clients comfort at our private Homestays / Villas with Private pools / Studios that they can share with their loved ones.
Villas give clients private space on holidays to have to get together with their families.
We also provide add-on services to our clients.
- Four villas and houses located in a prime spot in Lonavala, Maharashtra (No 1 tourist destination of Maharashtra)
- Five studio rooms located in Dhokshet, Maharashtra (12 km from Imagicaa)
- One commercial shop located in Mumbai, Maharashtra.
- Two Studios located in Western Mumbai.
- Have long-term lease and revenue sharing agreement with 12+ properties.
- Twelve villas and houses located in a prime spot in Lonavala, Maharashtra (Some are owned and some are leased)
- Five studio rooms located in Dhokshet, Maharashtra (12 km from Imagicaa)
- One 1 BHK located in Dhokshet, Maharashtra (12 km from Imagicaa)
- One owned commercial shop located in Mumbai, Maharashtra.
- One 3 BHK villa with Pool located in Badlapur, Maharashtra.
- Six Pool studios located in a prime spot in Karjat, Maharashtra (which will be on long lease)
- Two Studio apartment located in Western Mumbai owned by the company.
- The company is self-funded.
- The company has two directors with equal shares.
- Company has an Loan of INR 165 lacs.
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Earlier than 15 daysDeputy Manager, Professional Services, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGlobal Business Advisor, Bangalore, Financial Consultant connected with the Business
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Earlier than 15 daysOperations Head, Restaurants, Mumbai, Individual Investor / Buyer connected with the Business