Small Serviced Apartment for Sale in Bengaluru, India
PGs listing platform with a strong market presence and a history of high bookings.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 20 thousand |
| Run Rate Sales | USD 2.67 thousand |
| EBITDA Margin | Nil |
| Industries | Serviced Apartments + 1 more |
| Locations | Bengaluru |
| Local Time | 12:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
445 thousand
(Native Currency: INR 40,000,000)
Reason: We are not able to give this business our time and financing required to run it an optimized level. ...
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Interested to connect with advisors
Documents
ROC-Verification.pdf
(65.8 KB)
Business Overview
- We are a complete PG solution platform providing our services through a mobile app and website.
- The mobile app and website serves as a marketplace for paying guests and apartments, offering a unique value proposition in the PG industry.
- The business facilitates online booking for paying guests, streamlining the process for customers.
- Despite the current lower daily booking rate, the business has a history of higher booking numbers when it had more employees, suggesting potential for growth with additional resources.
- The platform boasts a considerable network, with approximately 7,000 PGs signed up and over 5,000 PGs onboarded, indicating a strong presence in the market.
- The company earns revenue through commissions on online bookings and also generates income from providing leads to PGs, showcasing multiple revenue streams.
- The business has achieved significant milestones, including generating over 2.5 lakhs leads and facilitating over 10,000 bookings, demonstrating a track record of successful operations.
- The mobile app and website serves as a marketplace for paying guests and apartments, offering a unique value proposition in the PG industry.
- The business facilitates online booking for paying guests, streamlining the process for customers.
- Despite the current lower daily booking rate, the business has a history of higher booking numbers when it had more employees, suggesting potential for growth with additional resources.
- The platform boasts a considerable network, with approximately 7,000 PGs signed up and over 5,000 PGs onboarded, indicating a strong presence in the market.
- The company earns revenue through commissions on online bookings and also generates income from providing leads to PGs, showcasing multiple revenue streams.
- The business has achieved significant milestones, including generating over 2.5 lakhs leads and facilitating over 10,000 bookings, demonstrating a track record of successful operations.
Products & Services Overview
We are a complete PG solution platform, we help our customers find the right PG and book them.
Assets Overview
No physical assets but, there are some intangible assets that include the website, mobile applications and database.
Facilities Overview
We currently run operations from Bangalore, we run from an office but that office is not a part of the transaction.
Capitalization Overview
There are two owners at the firm who hold 100% of the company, there are no loans on the business at this point in time.
Recent Activity
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Earlier than 15 daysFounder, FinTech, Bengaluru, Corporate Investor / Buyer connected with the Business
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