Businesses For Sale in SingaporeSingapore

Listing ID: 3609
Total Viewed: 2836
Last Refreshed: 03/01/2019

Backpackers' Hostel (9 Years Lease) For Takeover (Farrer Park MRT)


Asking Price : S$450,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2012

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Business Description

- Fully renovated hostel with 60 beds (3 storey shophouse with attic) for take over

- Hotel licence from HLB available

- Come with all fittings and furniture

- Currently in operation 

- Remaining lease with Landlord (9 years approx)

- Current monthly rental $10k

- Take over fees: $450,000.00 (negotiable)

- Agents welcome and we pay commission for successful deal

** Interest parties please contact Ting at 90952801


Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD30,000 (included in selling price)
Lease Term:
Other Information
CCTV, Card Access System, Alarm System, Fully Newly Furnished

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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