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Serviced Apartment Seeking Loan in Visakhapatnam, India

Executive Paying guest accommodation provider for working women with 80 % occupancy rate.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11 thousand
Run Rate Sales USD 11 thousand
EBITDA Margin 20 %
Industries Serviced Apartments
Locations  Visakhapatnam
Local Time 12:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 36.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: Business expansion.
Collateral Available: USD 30 thousand
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We provide PG accommodation for working women.

- We have taken an independent commercial building for the service.

- Each floor has 8 independent and sharing rooms and has an attached reception and a dining area.

- Currently there are 9 occupants.

- Located in the middle of a junction between commercial and residential area on NH.

- We provide food 24 * 7 and have in house cooks.

- Also provide WiFi, security, maid and 24 hrs water supply.

- Owner has 8 years of industry experience.

Products & Services Overview

- Well furnished rooms for pg accommodation.

Facilities Overview

Leased building of 3,800 Sq Ft for 4 years.

Capitalization Overview
Not Disclosed
Recent Activity
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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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