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Serviced Apartment Seeking Loan in Kochi, India

Seeking investment for a fully furnished serviced apartment business with 36 properties, accommodating 250 units.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 234 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 20 %
Industries Serviced Apartments
Locations  Kochi
Local Time 1:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 175 thousand for 15.0% annual interest, 1 year (Native Currency: INR 15,000,000)
Reason: Seeking funds to elevate the business, which is poised for significant growth. As we look to expand ... View More
Collateral Available: USD 0
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Dominance in market: With 36 leased properties in Kochi, offering 250 units as serviced apartments, we have established ourselves as the biggest service apartment group in the region.
- Robust customer base: Currently serving over 300 customers, showcasing strong demand and a solid market presence in the serviced apartments sector.
- High occupancy rate: Achieving 100% occupancy reflects our consistent appeal and customer satisfaction, ensuring steady and reliable cash flow.
- Lease and rent model: Operate entirely on a lease or rent framework, enhancing flexibility and reducing capital expenditure while securing 3-5 year lease agreements for stability.
- Diverse tenant portfolio: Cater to a variety of tenants including families, couples, and working bachelors, supporting both long and short-term stays, thus diversifying revenue streams.
- Recent expansion: Additional properties were recently leased, leading to an increase in revenue and further cementing our footprint as a leader in the serviced apartment industry in Kochi.
- Operational legitimacy: Possess proper corporation permits, ensuring compliance with local regulations and providing assurance to investors looking for sustainable business operations.
Products & Services Overview
We specialize in offering fully furnished service apartments tailored to meet the diverse needs of families, couples, and working bachelors.
Assets Overview
Assets include all the furniture and interiors in our 250 units of apartments and villas around Kakkanad and Kochi.
Other assets include agreements with owners and tenants and security deposits paid to the landlords.
Facilities Overview
We have 36 properties of different sizes and floors. Most of the buildings are on rent and some are for lease. We provide all kinds of furniture and electronic utensils according to customers' requirements. All are based in Kochi.
Capitalization Overview
Business has 2 partners from the same family and has not taken any outside investments.
Recent Activity
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6 Investors 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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