Listing Details : LB-19909

Asking Price 10 Lacs
Turnover 18 Lacs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Home Stays
Business Listed By Business Owner

Overview

An established and fully operational pre-leased home stays business located in the heart of Chennai now available for sale. The offering includes a fully furnished 1300 sqft apartment in a prime residential and commercial district, strategically positioned to attract both corporate and leisure travelers.This turnkey business model has demonstrated consistent occupancy, strong rental yields, and minimal operational downtime. Ideal for investors, hospitality operators, or entrepreneurs looking to scale in South India’s fast-growing short-stay market. Value-Added Guest Services High-speed Wi-Fi and smart entertainment * Housekeeping & linen services * Concierge support (local transport, guides, bookings) * Professional guest check-in/check-out support * Optional airport pickup and drop-off

Year of Establishment

2018

No. of Employees

3

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

50 Thousand

Describe Property

N.A

Competition / Market

While the home-stay and short-stay market in Chennai is competitive, this business distinguishes itself through: Strategic Location:Superior access to business districts and transit Quality Furnishing:Premium interiors that command higher rental rates Established Revenue Stream: Pre-leased model reduces vacancy risk Operational Efficiency:Streamlined guest services and repeat clientele

Products & Services

The business offers a full suite of guest-centric hospitality services: Core Accommodation Services Short-term stays (daily/weekly/monthly) * Corporate stays and business travel packages * Premium furnished living space

Growth Potential

This business presents multiple growth avenues for a new investor: Scalable Model: Easily expandable to additional units or locations Strong Demand: Chennai’s booming IT, healthcare, education, and manufacturing sectors drive consistent travel Corporate Tie-Ups: Opportunity to secure long-term contracts with multinational companies

Reason For Sale

The current owner is relocating abroad due to professional and personal commitments and therefore is offering this profitable business for sale. This creates an excellent opportunity for an investor to step into a thriving hospitality venture with minimal transition time.

Financial Details

Contact Business