PG and Hostel Accommodation Biz Raising Funds In Goa
About Business
The business is planning to expand into the accommodation segment by developing PG and hostel facilities within the same rented premises where the restaurant currently operates. The proposed setup is intended to create an additional and stable source of income alongside the existing food business.
The planned accommodation facility will include:
- 2 dormitory rooms
- 2 private rooms
The founder is seeking investment support primarily for the development and setup of the accommodation segment.
Current Operations
At present, the business operates a dine-in restaurant serving authentic Bengali cuisine along with selected continental fusion dishes. The restaurant caters to both vegetarian and non-vegetarian customers and has a seating capacity of around 60 guests.
A cafe partner also operates within the same premises, serving fast food and beverages. Although there is no profit-sharing arrangement with the café, it contributes to customer footfall and overall activity at the location.
Facility Details
The restaurant business is currently operating from a rented premises, and part of the same property is planned to be utilized for the PG and hostel setup.
Financial Highlights
- Approximate monthly counter sales: INR 1.5 Lakhs
- Veg and non-veg food offerings available
Investment Opportunity
The business is looking to raise funds for setting up the accommodation facility, improving infrastructure, and expanding the overall utilization of the existing premises through a combined restaurant and lodging model.
Clientele type
The accommodation facility will primarily target students, working professionals, travelers, and individuals looking for affordable short-term or long-term stay options.
Premises
The restaurant operates from rented premises, and within the same property, the founder is planning to develop hostel and PG accommodation facilities.
Asking Price Includes
The transaction structure and investment terms will be mutually discussed with interested investors.
Asking Price
INR 10.00 L
Minimum ticket size
INR 8.00 L
Reason
The founder currently operates the restaurant business and is seeking investment support to expand the same premises by developing the accommodation segment.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
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