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Serviced Apartment Seeking Loan in Pune, India

Company provides PG accommodation with a total of 80 beds in 4 of its rented centres.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 35 %
Industries Serviced Apartments
Locations  Pune
Local Time 10:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 10.0% annual interest, 10 years (Native Currency: INR 10,000,000)
Reason: Require funding for leasing a new facility and to expand the business.
Collateral Available: USD 0
Includes physical assets worth USD 27 thousand
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Business Overview

- We are a Pune based serviced apartment.

- Provide fully furnished living spaces with all amenities including housekeeping services.

- We run 4 facilities spread over 10,000 sq. ft.

- Currently have a total of 80 beds and an occupancy rate of over 90%

- At present, we offer the facility only to women.

- We are seeking to expand our business by adding 100 beds.

- Have already identified a new additional facility to be leased out. We estimate that we can make the facility operational within 2 months of having secured the investment.

Products & Services Overview

Serviced Apartments.

Facilities Overview

4 leased facilities. Each facility spans across 2,500 sq. ft. and has 4 floors. Each floor typically has 2 rooms.

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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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