A Profitable Business Center at a Prime Location in Bangalore

Available on Introduction
Listing IDSL003498 Ticket Size10-50 Lakh Last Year TurnoverINR 20.00 Lac 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 Views799 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!
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