Singapore  Singapore

Sell a Business

Listing ID: 4252 Last Refreshed: 07/05/2019 Total Views: 8149

Backpacker Hostel For Sale

Serangoon

Asking Price: S$600,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$9,100 Rental Desposit S$27,000
  • Revenue S$20K - 50K Cash Flow S$5K - 10K
  • Gross Profit S$20K - 50K Net Profit S$10K - 20K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 3042008
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
muhammad syafiee bin fidrishah
Email Owner

Reason For Sale

4 business partners looking to go on our own.

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 Operation

0800-2200
Business Hour
dance studio, veranda , backyard
Facilities
prices from 2 neighbours can be competitive but still manageable.
Competition
expansion to the 2nd floor.
Expansion Potential
we will guide you with the marketing and reservation. don't worry.
Supporting and Training
travellers, young and energetic entrepeneurs
Background & Skills

Property Information

Rent
Premise Status
2 plus 1
Lease Term
2 shophouses merging to each other, very unique property.
Premises Details
Email Owner
Your Name*
Mobile Number*
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