Serviced Apartment Investment Opportunity in Mumbai, India
Seeking Investment: Company provides accommodation solutions to its guests at nominal prices.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 142 thousand |
| Run Rate Sales | USD 206 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Serviced Apartments |
| Locations | Mumbai |
| Local Time | 7:43 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
57 thousand
for
15.0%
stake
(Native Currency: INR 5,000,000)
Reason: Funds are required to take up more properties and get more beds for our business.
Includes physical assets worth
USD
57 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our business provides paying guest and hostel accommodations to girls and boys according to their preferences in Mumbai, Hyderabad, Bangalore, Chennai, Delhi, Noida, Pune, and Kolkata.
- We provide complete services from beds, electricity, and food facilities to the customers according to their budget.
- Have taken 55-60 properties on long term lease and have set up our paying guest and hostel room accommodation, we have also tied-up with 8-10 corporates involved in providing paying guest services in Mumbai and Hyderabad.
- We have a total of 500 beds, a cumulative of all the properties with an occupancy rate of 450 beds at the moment.
- Our appointed managers and caretakers are in all the cities where our paying guest services are, and they manage and are in charge of the operations.
- We generate revenue by renting out our accommodation to customers. Users can book their services through our website as well as our application.
- The application is developed and maintained by a third party.
- We provide complete services from beds, electricity, and food facilities to the customers according to their budget.
- Have taken 55-60 properties on long term lease and have set up our paying guest and hostel room accommodation, we have also tied-up with 8-10 corporates involved in providing paying guest services in Mumbai and Hyderabad.
- We have a total of 500 beds, a cumulative of all the properties with an occupancy rate of 450 beds at the moment.
- Our appointed managers and caretakers are in all the cities where our paying guest services are, and they manage and are in charge of the operations.
- We generate revenue by renting out our accommodation to customers. Users can book their services through our website as well as our application.
- The application is developed and maintained by a third party.
Products & Services Overview
Providing paying guest and hostel services to the corporate companies with whom we tie up.
Assets Overview
Our physical assets mainly include 500 beds and basic equipment for the properties.
Facilities Overview
We have a rented office in Malad, Mumbai covering an area of 1,000 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysTrainer, Transportation, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysVP, Industrial Equipment, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
Self-Catering Accommodation Investment Opportunity in Mumbai, India
·Serviced Accommodation Investment Opportunity in Mumbai, India
·Self-Catering Accommodation Investment Opportunity in Bombay
·Serviced Apartment Investment Opportunity in Mumbai, India
·Serviced Accommodation Investment Opportunity in Bombay
·Student Hostel Investment Opportunity in Mumbai, India
·Invest in Self-Catering Accommodation in Mumbai, India
·Serviced Apartment Investment Opportunity in Bombay
·Self-Catering Accommodation Investment Opportunity
·Invest in Serviced Accommodation in Mumbai, India
·Student Hostel Investment Opportunity in Bombay
·Invest in Self-Catering Accommodation in Bombay
·Hostel Investment Opportunity in Mumbai, India
·Serviced Accommodation Investment Opportunity
·Invest in Serviced Apartment in Mumbai, India
·PG Investment Opportunity in Mumbai, India
·Invest in Serviced Accommodation in Bombay
·Serviced Apartment Investment Opportunity
·Invest in Student Hostel in Mumbai, India
·Hostel Investment Opportunity in Bombay
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
18 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,000+ other businesses of all sizes.
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.
You might also be interested in these businesses