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Serviced Apartment Seeking Loan in Chennai, India

Exclusive women's PG in Chennai with 25 paying guests and recording 65% occupancy rate.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 35 thousand
Run Rate Sales USD 35 thousand
EBITDA Margin 30 %
Industries Serviced Apartments
Locations  Chennai
Local Time 3:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.6 thousand for 17.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: To buy more equipment and furniture.
Collateral Available: USD 47 thousand
Includes physical assets worth USD 4.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Women's PG in Chennai, running since 2018.
- We have 25 members staying at the PG.
- Facility has a total of 18 rooms.
- Occupancy rate is approximately 65%
- Food is provided by us.
- We charge INR 8K per person on a monthly basis.
- Have TVs, fridge, washing machine and internet facilities.
Products & Services Overview
PG for college and working women.
Facilities Overview
Leased 1,000 sq ft land that has G+3 building.
Capitalization Overview
Not Disclosed
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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