Businesses For Sale in SingaporeSingapore
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Listing ID: 824
Total Viewed: 17918
Last Refreshed: 17/07/2014

*Urgent* Backpackers Hostel For Immediate Takeover (Under Offer, not open for new buyers)

Serangoon, Singapore

Asking Price : SGD28,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2014

Gross Profit: Not Disclosed

Inventory: SGD0***

Receivable: SGD0***

Owner Role: Full Time

Net Profit: SGD5,000

Liability: SGD0***

FFE: SGD0***

Staff: 2

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

Reason To Sell
Other commitments
Business Description
Backpackers hostel for IMMEDIATE takeover. All relevant license to operate hostel will be handed over. (URA, Fire safety license) New operator will be able to move in and operate immediately. Hostel has been fully renovated. Washroom water closet, water heater and flooring recently done up. Vintage concept. Immediate take over. Selected furnitures & fittings will be handed over to new owner. 

Very good location. Nearest backpackers to airport. Walking distance from Tai Seng MRT. address at 195 Upper Paya Lebar rd. Bus stop with services direct to airport, shopping malls, places of attraction etc. Plenty of food outlet along the stretch of shop houses. Very low rental for backpackers space at only $4k. 1400 sft. 3 rooms. Total of 24 beds. 

Takeover fee - $28k (immediate takeover)

If interested, 
eight three eight three two five three six.
Business Operations
2 Local
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD7,600 (NOT included in selling price)

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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