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Serviced Apartment Investment Opportunity in Vijayawada, India

Real estate construction company based in Bangalore, seeking funds to enter the serviced apartment business.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 15 %
Industries Serviced Apartments + 1 more
Locations  Bangalore + 1 more
Local Time 5:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 20 thousand for 10.0% stake (Native Currency: INR 1,600,000)
Reason: Need working capital towards completing our own serviced apartments (Medical Tourism) Project which ... View More
Includes physical assets worth USD 130 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company is into real estate construction since 2016 and is now looking to enter the hospitality industry.

- We have worked on 2 residential apartment projects in Bangalore and Vijayawada. Have built close to 40 houses through these projects.

- Looking to enter the serviced apartment business by developing 54 serviced Studio Rooms. Had purchased land in a residential area. Planning to use for Health Tourism as well.

- For INR 16 lakhs investor will get ownership of a full furnished studio apartment.

- Also willing to sell upto 34% (worth 3.6 crores) of stake in the entire project.

- Good monthly income will be generated as per service apartment / medical tourism business basis.

- There is a lot of potential for this business as the location is close to the IT Corridor in Whitefield, Bangalore, which is well known for Information Technology companies and has demand for real estate rentals.

Products & Services Overview

Residential apartment construction, service apartments construction, Joint venture development, planning & execution consulting.

Facilities Overview

Rented office space of 1,200 Sq. Ft.

Recent Activity
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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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