A Profitable Business Center at a Prime Location in Bangalore

Available on Introduction
Listing IDSL003498 Ticket Size10-50 Lakh Last Year TurnoverINR 2,000,000 Verification Status Pending
  • A Profitable Business Center at a Prime Location in Bangalore

Business Details

The Business Center was established in 2015 and is located at the prime location in Bangalore. It is a rental space (work space) for entrepreneurs with for single seater, 4/5 seaters, cabins etc. It is a partnership business with 3 partners who handle the inquiries.There is a minimum of 10 inquiries on a daily basis. They provide space for rent with wifi and other needs which can be on the monthly or yearly basis. 80% of the entire space has been utilised. The premises is situated on the 2nd floor in a carpet area of 2000 sqft with a monthly rent of INR 70000. They have promoted the business via digital marketing as a free listing. The rent for customers starts from a minimum of INR 4000 and INR 8000 as a deposit. The turnover for the first quarter is INR 7 Lakhs for this year with a net profit of INR 3.5 Lakhs. The asking price of the business is INR 45 Lakhs (negotiable)

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views737 Last Active2+ months ago
IndustryReal Estate (Other) LocationBangalore
Entity typePartnership Started in 2015
Transaction TypeFull Sale Employees1-10
ReasonTo focus on other core Business called Just Practicals!

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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