Serviced Apartment Seeking Loan in Kochi, India
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 |
- 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.
Other assets include agreements with owners and tenants and security deposits paid to the landlords.
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Earlier than 15 daysCenter Manager, Food & Beverages, Palakkad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hyderabad, Financial Consultant connected with the Business