Newly Established Serviced Apartment Seeking Loan in Mumbai, India

Recently established company providing accommodation and food for nurses seeks a loan.

This Business is on a Premium Plan

Established	0-1 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	USD 220 thousand
EBITDA Margin	Nil
Industries	Serviced Apartments
Locations	Mumbai
Local Time	12:45 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.8 / 10

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Seeking Loan

USD 240 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)

Reason: Need funds to expand the internal infrastructure of the hostel.

Collateral Available: USD 0

Includes physical assets worth USD 140 thousand

Interested to connect with advisors

Name, Phone, Email

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Business Name

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User Verification

Business Overview

- Recently established business that has work orders from Mumbai's reputed hospitals.

- The hostel area has been decided and it is a dormitory. There is a huge hall that can hold a capacity of 250.

- The hostel is located close to our client's hospital.

- Registration of the Pvt Ltd company is under process and will be receiving the registration certificate by next week.

- Currently we are fully booked and have a 100% occupancy rate.

Products & Services Overview

We offer fully air-conditioned accommodation & food for hospital nurses/brothers/ doctors.

Assets Overview

Tangible assets include 200 beds, ACs and furniture.

Facilities Overview

The hostel is located in the west of the city on a 7,500 sqft area.

Capitalization Overview

- It is initially funded by personal loan and investments.

- The company has two directors.

- Business has no loan but we are looking for investors & loans.

Recent Activity

Earlier than 15 days
Partner, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Partner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Managing Director, Mumbai, Financial Consultant connected with the Business

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Newly Established Serviced Apartment Seeking Loan in Mumbai, India

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