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Serviced Apartment Investment Opportunity in New Town, India

Kolkata based accommodation service provider, having more than 350 beds, seeking funds for business expansion.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 98 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 20 %
Industries Serviced Apartments
Locations  New Town
Local Time 7:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 41 thousand for 25.0% stake (Native Currency: INR 3,500,000)
Reason: For brand marketing and expansion of our services in different parts of Kolkata.
Includes physical assets worth USD 17.4 thousand
Interested to connect with advisors
Documents
Business Overview
- We are operating since the last 2 years in Kolkata, providing accommodation services, mainly to students.
- Have acquired more than 30 flats on lease, having a capacity of accommodating 350 individuals. We provide food and domestic help to all our guests.
- We have acquired flats, houses and apartments which are close to colleges. Our guests are mainly students, and we provide them with an option of converting their short term accommodation to a paying guest on a monthly rental basis.
- Have maintained our online presence on social media and on Google, which is helping us get new clients. We are currently receiving around 50 to 100 customers every month, with a small percentage of customers converting to paying guests.
- Seeking funds to increase our brand marketing and establish our services in different parts of Kolkata.
Products & Services Overview
PG and short term accommodation provider.
Facilities Overview
Rented office with built up area of 600 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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