Serviced Apartment Investment Opportunity in New Delhi, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 120 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 20 % |
Industries | Serviced Apartments |
Locations | New Delhi |
Local Time | 10:35 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Business providing homestays in Delhi NCR and Noida region.
- Initiated two years ago, our business began with a single apartment in Noida and has since expanded to encompass 16 apartments, 1 farm, and 3 serviced homes across Delhi NCR, all operating under our distinctive brand.
- Our operational model involves leasing homes and subletting them for short-term rentals under a robust brand identity.
- All our properties consistently maintain an impressive 80% occupancy rate year-round, with 70% of bookings made in advance.
- Sustained growth has been achieved through excellent service and a commitment to adapting to the evolving demands of our guests.
- We prioritize the highest level of privacy for our guests, resulting in a significant frequency of repeat visits.
- Boasting favorable guest reviews and regular coverage in both domestic and international press, our brand is well-regarded.
- Our presence extends across multiple platforms, including Airbnb, MakeMyTrip, Bookings. com, Goibibo, and Agoda.
- Complemented by our official website with a booking engine and active social media pages, our online presence is comprehensive.
- A total investment of over INR 35 lakhs has been dedicated to the business thus far.
- With a team of 10 permanent employees, our human capital forms a crucial part of our success.
- The business has GST registration.
1BHK homestays in Noida and Delhi, reserved mostly by travelers, working professionals, and local youth.
Physical assets include furnishings, beds, lights, amenities and electronics that are essential for guests.
Leased properties across Delhi NCR and Noida include:
- 8 1bhk apartments built on 650 sq ft.
- 8 studio apartments built on 300 sq ft.
- 1 farmhouse built on 2000 sq ft.
- 3 builder floors on 900 sq ft.
All leased for 1 year and repeated twice.
The business is self-funded.
There are three partners with ownership stakes of 45%, 45%, and 10% respectively.
Each partner has contributed to the business through a combination of personal funds and bank loans. The cumulative outstanding loan currently stands at INR 37 lakhs.
-
Earlier than 15 daysBusiness Owner, Real Estate Consultancy, New Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProgram Manager, Software Development, Noida, Individual Investor / Buyer connected with the Business