Listing Details : LB-18872

Asking Price 1 Crs
Turnover 1.5 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Home Stays
Business Listed By Business Owner

Overview

This is a great opportunity to acquire a well-established Ladies’ PG available for sale in Karnataka. The property has been in successful operation since 2016 and is located in a prime, easily accessible area, making it highly attractive for students and working professionals. Spread across a total carpet area of 1200 sqft, the building is thoughtfully designed across 3 floors, ensuring maximum space utilization and comfort. The PG consists of 38 well-maintained rooms, offering ample accommodation capacity for residents. It also features a separate kitchen facility, catering to the daily dining requirements of the tenants in a convenient and organized manner. Over the years, the PG has built a good reputation for providing safe, secure, and comfortable living arrangements. The area around the property is well-connected with public transport, markets, offices, and educational institutions, further enhancing its rental demand and occupancy potential. This business offers a reliable source of income and is ideal for investors or entrepreneurs looking for a steady and long-term venture in the hospitality and accommodation sector.

Year of Establishment

2016

No. of Employees

5

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Leased

Rental per Month

2.8 Lacs

Describe Property

N.A

Competition / Market

Yes there is competition,

Products & Services

The PG comprises 38 well-maintained rooms, providing ample accommodation for residents. It also features a separate kitchen facility, catering to the daily dining requirements of the tenants in a convenient and organized manner. Over the years, the PG has built a good reputation for providing safe, secure, and comfortable living arrangements. The area around the property is well-connected with public transport, markets, offices, and educational institutions, further enhancing its rental demand and occupancy potential

Growth Potential

High potential Growth

Reason For Sale

Planning to change business platform

Financial Details

Contact Business