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Listing ID: 2324 Total Viewed: 534

Prime Location Backpackers Hostel For Take Over

Serangoon, Singapore

Asking Price : SGD295,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2011

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Current Operators Moving to Hotel Industry
Business Description

Super Good Location

Heavy Traffic

Well connected by Bus and MRT

Convenience Store Attached for additional revenue

Lift facility

Most of the Rooms come with Attached Bath /Toilet facilities

Fully licensed by HLB as Backpackers Hostel


Business Operations
Business Hour:
24 Hours
Preferred Skills:
Back packers industry knowledge Passion for the industry Knowledge of inbound budget arrivals
Supporting and Training:
Will be provided if needed
Property Information
Premise Status:
Rent
Premise Size:
14000sqft
Rental Fee:
SGD35,000
Rental Deposit:
SGD70,000 (included in selling price)
Lease Term:
3 + 3 years
Premises Detai:
Prime Location Fully fitted, if the investors prefer to renovate can do so after taking over the premises.
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Right infront of the Bus-stop Very near to Farrer Park MRT
Competition:
Current runners were unique and different so stood out in the midst of competitions. New investors may bring in their own USP to stand out the competitions.
Expansion Potential:
highly potential for expansion programmes.

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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