Businesses For Sale in SingaporeSingapore

Listing ID: 3371
Total Viewed: 5586
Last Refreshed: 19/09/2018

Premium Hostel - Time To Sell

Central Area

Asking Price : SGD200K - 500K

Revenue: Above SGD1M

Cash Flow: Above SGD1M

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD50K - 100K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Its the right time to move on to the next venture
Business Description

This business has been build up over several years, establishing itself as simply the best hostel in Singapore.  Reluctantly I am now looking to sell the business and move on.  Looking to sell to a person who has the industry  experience and energy needed to take the hostel to the next level.  All the ground work is done, fully automated booking, great web presence, established brand that attracts the right guest. Multi award winning. Make no mistake, running a hostel is hard work, but the rewards are their for a small team who can put their stamp on what is already a very sound business.  Not wanting to waste time with dreamers, but if you are serious to buy, I am serious to sell.

Property Information
Premise Status:
Rent
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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