Serviced Apartment Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 148 thousand |
Run Rate Sales | USD 215 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Serviced Apartments |
Locations | Mumbai |
Local Time | 10:32 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
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Earlier than 15 daysTrainer, Transportation, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVP, Industrial Equipment, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business