Odisha Government Recognized Rental Startup Looking For Funding Or For Exit
Product / Service
We are having travel-tour agency and we provide Care Homes, Nursing Homes and Corporate Stays – Both for Long and Short Stays
Clientele type
Elders & Post Operative Patients for Care Homes, Corporate guests for Corporate Homes, and Tourists for Holiday Market Place are our clients.
Premises
We have our office in Bhubaneswar, Odisha.
Asking Price Includes
1 Care Home, Office Assets, B2B2C Holiday Marketplace Platform and Aggregation Platform for Care Homes and Corporate Homes.
Reason
Relocating outside India
Other Details
We are having 2 innovative Start-Up brands for which the company has got recognition from Start-Up India & Start-Up Odisha.
The company has also received grants from Start-Up Odisha. The company has managed to be on the finalist list in the recently concluded National Startup Award (NSA-2020).
The company is waiting for a number of investments from Start-Up India. The company has also cleared the first round of investment meetings with a European Investment company and is waiting for the second round. Due to the plan of settling abroad, I want to sell my stake or company with the consent of other Director
We are open for both for sale and for investment.
In our company, we have 2 directors and 6 core team members.
Our business models work the same as OYO.
We have a tie-up with 5 care homes, 1 corporate.
For care homes, we are charging INR12,000 and for corporate houses, we are charging INR15,000
We are keeping 20% to 30% as our commission.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
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?