Thinking to start paying guest business in Bangalore ??

things to remember while choosing paying guest, paying guest rules and regulations

Lets calculate the profit of Paying guest business in Bangalore.
Any Individual looking to do a pg business and wanna be a Paying guest owner
This article is written
Building has 25 rooms and capacity is 50 members. Pg location is just 2 min walkable to Bellandur main circle suppose such scenario.
Building owner will fix rent of Rs1 Lakhs/- Advance of Rs 3 lakhs
Pg owner takes the key and start filling the rooms with guest capacity is 50 members but for calculation purpose lets say 46 members are living in 2 shared rooms.
Each guest pays Rs6500/- Total 46 members should pay299,000/-
Now lets deduct expenses
Rent – 1 lakh
Water and Electricity – 20,000/-
4 members labour – 40,000/- Internet charges 8,000/- Food expense 30,000/-
Remaining 1,00,000/- is profit of an Individual so called PG owner
Investment cots, cupboards, TV, furniture if any (one time) – 25 led tv with dish is 2.5 lakhs
cots and beds is 6 lakhs
So for an Investment of Rs 12 lakhs. A pg owner can earn easily 1 lakh per month
Conclusion: Running a paying guest is best business if money is in your hand. PG owner should do a detail survey about location, PG demand and jump into this business. Competation in pg business is like hell. More positive reviews about food and cleanliness more business can be expected. Also Pg business runs well around 10 months in an year. 2 months souping will always will be there. Make an ad in to get guests at your hassle free.

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