Businesses For Sale in SingaporeSingapore

Listing ID: 4252
Total Viewed: 3633
Last Refreshed: 19/09/2018

Backpacker Hostel For Sale

Serangoon

Asking Price : SGD320

Revenue: SGD20K - 50K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 3042008

Gross Profit: SGD20K - 50K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 4

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
4 business partners looking to go on our own.
Business Description

Selling a very unique backpacker hostel in the streets of little india. If you love travelling, just like we do, its a business you surely want to go into. You will be on holiday everyday meeting new tourist who comes to visit singapore. The hotel licensing board is also no longer issuing a hostel-hotel license. So be sure that, only exisiting hostel have and are licensed. We a glad to be one of the licensed one. With the concept of art gallery, we  have painting and art sculptures in the hoestel, not only that we have a good vibes with the ARTs in the hostel. Please contact me for further discussion. owned by young entrepenuers for more than 3 years we are ready to move on.

Business Operations
Business Hour:
0800-2200
Preferred Skills:
travellers, young and energetic entrepeneurs
Supporting and Training:
we will guide you with the marketing and reservation. don't worry.
Staff:
1 Local, 1 Foreigner, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
0sqft
Rental Fee:
SGD9,100
Rental Deposit:
SGD27,000 (NOT included in selling price)
Lease Term:
2 plus 1
Premises Detai:
2 shophouses merging to each other, very unique property.
Other Information
Facilities:
dance studio, veranda , backyard
Competition:
prices from 2 neighbours can be competitive but still manageable.
Expansion Potential:
expansion to the 2nd floor.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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