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Serviced Apartment for Sale in Manali, India

Full sale: Homestays provider in Delhi & Noida, with 80% occupancy.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 119 thousand
Run Rate Sales USD 142 thousand
EBITDA Margin 20 %
Industries Serviced Apartments
Locations  New Delhi + 1 more
Local Time 7:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 71 thousand (Native Currency: INR 6,000,000)
Reason: Partners moving abroad.
Includes physical assets worth USD 7.1 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Logo
GST Registration
Business Overview
- Business providing homestays in Delhi NCR and Noida region.
- Initiated two years ago, our business began with a single apartment in Noida and has since expanded to encompass 8 apartments, 1 villa, 1 serviced homes across Delhi NCR, and 2 wooden cottages in Manali, Himachal Pradesh - all operating under our distinctive brand.
- Our operational model involves leasing homes and subletting them for short-term rentals under a robust brand identity.
- All our properties consistently maintain an impressive 80% occupancy rate year-round, with 70% of bookings made in advance.
- Sustained growth has been achieved through excellent service and a commitment to adapting to the evolving demands of our guests.
- We prioritize the highest level of privacy for our guests, resulting in a significant frequency of repeat visits.
- Boasting favourable guest reviews and regular coverage in both domestic and international press, our brand is well-regarded.
- Our presence extends across multiple platforms, including Airbnb, MakeMyTrip, Bookings. com, Goibibo, and Agoda.
- Complemented by our official website with a booking engine and active social media pages, our online presence is comprehensive.
- A total investment of over INR 40 lakhs has been dedicated to the business thus far.
- With a team of 10 permanent employees, our human capital forms a crucial part of our success.
- The business has GST registration.
Products & Services Overview
1BHK homestays in Noida and Delhi, reserved mostly by travelers, working professionals, and local youth.
Assets Overview
Thee tangible and intangible assets included are.
- Furniture, Fixtures, and Equipment (FFE) valued at INR 6 lakh.
- Revenue streams (Property lease)
- Domain name.
- Website.
- Trained staff.
- Social media handles.
- Licenses & Certifications.
- Client database.
- OTA profiles.
- Hotel management software.
- WhatsApp business account.
- Market research insights.
- Occupancy data.
- Processes.
- Pricing strategy.
- Firm.
- Current account.
- Trademark.
- Brand kit.
- Content.
- Vendor contacts.
Facilities Overview
Leased properties across Delhi NCR and Himachal Pradesh include:
- 8 1bhk apartments built on 650 sq ft (high rise tower in Noida).
- 1 2bhk villa built on 2700 sq ft (single floor with front yard in Noida).
- 1 3bhk wooden cottage built on 1340 sq ft (Third floor in Manali)
- 1 1bhk apartment built on 900 sq ft (Ground floor in Manali)
- 1 1bhk builder floor on 900 sq ft. (Second floor in South Delhi)
All were leased for 1 year and renewed thrice.
Capitalization Overview
The business is self-funded.
There are three partners with ownership stakes of 45%, 45%, and 10% respectively.
Each partner has contributed to the business through a combination of personal funds and bank loans.
Recent Activity
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12 Buyers already contacted this Business. Register below to connect now!
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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