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Serviced Apartment Seeking Loan in Noida, India

Noida-based PG and hostel service for working professionals, offering 120 beds, meals, and essential amenities.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 118 thousand
Run Rate Sales USD 128 thousand
EBITDA Margin 40 %
Industries Serviced Apartments
Locations  Noida
Local Time 9:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 23.6 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: Seeking funding for expansion of the facility to accommodate more guests. The sought transaction am... View More
Collateral Available: USD 0
Includes physical assets worth USD 7.1 thousand
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Business Name
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Business Overview
- Located in Noida, the business operates in the growing sector of paying guest services and hostels specifically targeting working professionals.
- Offers a total of 50 rooms with diverse accommodation options, including 2 & 3 sharing rooms, designed to cater to both boys and girls.
- Currently boasts a total capacity of 120 beds, ensuring full occupancy at 100%.
- Monthly rental per guest is set at ₹9,000, providing an attractive income stream.
- Comprehensive amenities include 3 meals a day, access to clean drinking water, washing machines, and geysers for a comfortable living experience.
- A diverse menu featuring both South and North Indian cuisine caters to various palates, enhancing resident satisfaction.
- The business is compliant with GST regulations and has applied for an FSSAI license as well.
Products & Services Overview
Services:
- Accommodation: 50 rooms with a capacity for 120 beds, offering different configurations such as 2 & 3-sharing rooms.
- Amenities: Three meals a day (featuring South and North Indian cuisine), access to clean drinking water, washing machines, and geysers.
Clients are working professionals in Noida, with accommodations catering to both boys and girls. Majority of the guests are boys.
Assets Overview
Physical assets include furniture and kitchen equipment.
Facilities Overview
Operating from a rented facility located in Sector 62, Noida.
Capitalization Overview
Self-funded.
No outstanding loans.
There are 2 shareholders with 98% & 2% ownership.
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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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