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Serviced Apartment Investment Opportunity in Mumbai, India

Seeking Investment: Company provides accommodation solutions to its guests at nominal prices.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 150 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 20 - 30 %
Industries Serviced Apartments
Locations  Mumbai
Local Time 4:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 60 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 60 thousand
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Business Name
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Documents
Company Logo
GST Certificate
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.

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
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2 Investors viewed this Business this month.
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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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