Hostel Business Opportunity to Buy or Invest in Bangalore
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Product / Service
Fully serviced accommodations for students & working individuals.
Clientele type
Students & Working Individuals - Accommodations & Hospitality industry.
Premises
OWNED
Premise Size: 54000 sqft
Market Value (in INR): 3.50 Cr
- Current accommodation building is owned by one of the directors of the company who is also a 99% shareholder in the private limited company.
- Brand new & neatly maintained building.
Asking Price Includes
- 5,400 Sqft - Fully furnished accommodation property.
- Registered brand name.
- up to 100% in company stake in case of full sale with domains/websites owned by the company.
- 5 cr for 20% equity.
Reason
Investor who had promised to raise funds for the company backed off due to personal reasons.
Other Details
- The startup company has a small but dedicated team of Marketing staff, Admin, and Maintenance staff who play a vital role in successfully running the business.
- Business strength: Current accommodation facility is located in the vicinity of multiple colleges and most of the guests residing in the property are students and faculties.
- Since this is a private limited company, we are also looking for investors to invest in our business to successfully expand the business to other locations.
- Business Strength: We follow a strict policy towards managing our properties in terms of
- maintaining cleanliness.
- Providing quality services to our guests.
- providing amenities and luxury during the stay.
Keywords
Business Tags
₹10 to ₹200 Cr
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Contact IBGrid TeamFrequently Asked Questions
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
