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Listing ID: 755 Total Viewed: 1460

Vintage Backpackers Hostel Space For Takeover

Singapore

Asking Price : SGD50K - 100K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

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: 3

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

***NOT included in asking price

Reason To Sell
Personal reasons
Business Description
Backpackers hostel space 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. Walking distance from Tai Seng MRT. 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 - $35k (immediate takeover)


If interested, please contact us at 83832536/84821664
Business Operations
Business Hour:
24/7
Staff:
3 Local
Property Information
Premise Status:
Rent
Premise Size:
1400sqft
Rental Fee:
SGD4,000
Rental Deposit:
SGD7,600 (included in selling price)
Lease Term:
2 + 2
Premises Detai:
ground floor shophouse
Other Information
Competition:
Only one competition along the stretch of shophouses
Expansion Potential:
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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