Profitable Service Apartment Business for Sale in Pune

Listing ID: SL001192
Posted By: Owner
Last Active: 1+ year ago
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About Business

This is a service apartment business well established since 2005 and having 85-90% occupants as corporate clients. It is a private limited company and can be taken over along with lease agreements of apartments and client contacts.
They have fully furnished Service Apartments for rent depending upon the client's requirements in terms of location, price and time. The apartments are elegantly furnished with availability of facilities ranging from air-conditioned bedrooms to well-equipped small kitchens. All the properties are professionally maintained with a round the clock attendant. There are total 50 rooms.
Business has very good scope of grow in future. The staff is well trained, efficient and friendly. Profit Margin 35%- 40%. Owner wants to sell the entire setup at a price of INR 5 Cr. Watch Video Clip for this Listing.

Reason

Focus on other business

Business Tags

Well-established

₹10 to ₹200 Cr

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Before buying a Profitable Service Apartment Business for Sale in Pune, check:
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  • Sales, profitability, and cash flow of the business should be considered
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  • 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?

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