Businesses For Sale in SingaporeSingapore
Listing ID: 1921
Total Viewed: 5360
Last Refreshed: 24/04/2016

International Backpacker Hostel Chain For Sale

Central Area, Singapore

Asking Price : SGD600,000

Revenue: SGD20K - 50K

Cash Flow: SGD10,000

Payable: Not Disclosed

Established: 2008

Gross Profit: SGD5K - 10K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: SGD5K - 10K

Liability: SGD0***

FFE: SGD100,000

Staff: 6

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

***NOT included in asking price

Reason To Sell
Looking to divest and expand into other business
Business Description

We are a well established group of backpacker Hostels in Malaysia and Singapore.


Lots of potential to Franchise overseas.


Well Managed with an established and proven management team and staff.


Just takeover and earn profits!!



Business Operations
Supporting and Training:
Bussiness Knowledge and Know How will be transferred
Staff:
1 Local, 3 Foreigners, 2 Part Time
Property Information
Premise Status:
Rent
Premise Size:
4800sqft
Rental Fee:
SGD17,000
Rental Deposit:
SGD50,000 (NOT included in selling price)
Lease Term:
3 years
Relocatable:
Yes, it can relocate to other place
Other Information
Seller Financing Available:
Yes

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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