Profitable Serviced Apartment Seeking Loan in Lucknow, India
Budget accommodation for backpacking travelers around the world, seeks funding to covert it into a dormitory.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 5.6 thousand |
| Run Rate Sales | USD 6.7 thousand |
| EBITDA Margin | 40 % |
| Industries | Serviced Apartments |
| Locations | Lucknow |
| Local Time | 5:07 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
6.7 thousand
for
15.0%
annual interest,
1
year
(Native Currency: INR 600,000)
Reason: To convert into a dormitory and increase the beds, make an aesthetically pleasing reception desk and...
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Collateral Available: USD 0
Includes physical assets worth
USD
100 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(59.3 KB)
PAN card
(183.5 KB)
Business Overview
It's a budget hostel & accommodation facility that we provide for backpacking travelers. Have hosted more than 300 guests from 20+ countries. Business is operational since 2018. We converted our company to an LLP in 2019. Listed on Booking. com and Agoda. com. The brand is well recognized and appreciated by the travelers with good reviews and ratings across OTAs.
The facility currently has 3 rooms which accommodates 5 guests at once. Post funding, we plan convert the hostel to a dormitory and increase the capacity to 15 beds.
The facility currently has 3 rooms which accommodates 5 guests at once. Post funding, we plan convert the hostel to a dormitory and increase the capacity to 15 beds.
Products & Services Overview
Accommodation, laundry, sightseeing, cafe, wifi itineraries power back up.
Facilities Overview
Have a total owned space of 1,700 sq ft including 1st floor and a terrace area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Software, Delhi, Individual Investor / Buyer connected with the Business
Tags:
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