1. Businesses
  2. Hotels, Restaurants & Food Services
  3. Uttar Pradesh
  4. Lucknow
  5. SL025015
Edit Alert

Operational PG For Sale In Lucknow

Listing ID: SL025015
Posted By: Owner
Last Active: 2+ months ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

It is a two-house PG with 2BHK each.

Boys PG right now is working in one property with 7 Bed Capacity, and the new buyer can run 14 beds by combining both properties without any changes in the property layout.

The houses have permission to build up to 3 floors, the PG is very near to popular colleges in the city.
Vedatna Law College is 200 meters away.
CDRI is 700 meters away.
AKTU is 1 km away.
City Law College is 1.5 km away.

The property is also located in a prime area.
Both houses have separate electricity and all the amenities of a home.
The property is just one house away from the main road, and it is a pollution-free area.
This can also be converted into an old-age home, a hostel with a meal facility, and much more.

Clientele type

They mainly have students from:
Vedatna Law College
CDRI Research
AKTU
City Law College
The current occupancy rate of the total property is 50%.

Premises

OWNED

Premise Size: 1800

Market Value (in INR): 1.00 Cr

The total square footage of the property is 1800, with a construction of 2000 sqft. where each property features a hall, 2 bedrooms, and a kitchen.
Totaling 2 halls, 4 bedrooms, and 2 kitchens.
The property is East-facing, where each home has its own borehole and electricity connection.
The property is located in the Jankipuram area of Lucknow.
The property was constructed in 2018.

Asking Price Includes

The asking price includes complete ownership of the PG and property.

Reason

They already have an established business in the IT industry, and they started this as their side hustle. They are not able to give enough time to this venture due to which they are not able to unlock full potential of the business.

More Details

The property is currently managed by the owner, and they are not able to give enough time to this business.

Keywords

Guest House, Hostel & PG business opportunities in Lucknow , Franchise opportunities in Lucknow , Guest House, Hostel & PG business investment in Lucknow , Guest House, Hostel & PG business opportunities , Business opportunities in Lucknow , Guest House, Hostel & PG business for sale in Lucknow , Buy Guest House, Hostel & PG business in Lucknow , Guest House, Hostel & PG company for sale in Lucknow , Acquire Guest House, Hostel & PG business in Lucknow , Guest House, Hostel & PG business looking for exit in Lucknow , Guest House, Hostel & PG acquisition opportunities in Lucknow

Business Tags

Operational PG For Sale In Lucknow

₹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 Team

You may also like

View All

Explore Nearby locations

Show More (6)

Explore by Industry

Show More (3)

Explore by Industry

Show More (2)

Ask Us Anything

To connect with the owner of this Operational PG For Sale In Lucknow:
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

Before buying a Operational PG For Sale In Lucknow, check:
  • 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 a second-line of management?
  • Are you going to run the business on a 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?

The business opportunity is posted either 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 may be 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.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].

Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.