Singapore  Singapore

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Listing Id: 4589 Last Refreshed: 07/05/2019 Total Views: 8347

(Expired)Branded Backpacker Hostel For Take Over

Central AreaHostels
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner
Lee

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  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$500K-1M
  • Liability S$0
  • Gross Profit S$100K - 200K
  • Net Profit S$50K - 100K
  • Stock S$0
  • FFE S$100,000
  • Payable S$0
  • Receivable S$25,000
  • Owner Role Full Time
  • Staff 3
  • Established 2011
  • Source Direct Seller

Reason For Sale

Moving into other business

Description

Backpacker's hostel @ China town 46 beds, rental $12K, take over $350K
Backpacker's hostel @ China town 48 beds, rental $8K, take over $320K
Backpacker's hostel @ Clark Quay 48 beds, rental $14.5K, take over $350K

Business Operation

8am-11pm
Business Hour
Yes, seller financing is available.
Seller Financing

Property Information

Rent
Premise Status
/

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