Businesses For Sale in SingaporeSingapore

Listing ID: 814
Total Viewed: 14821
Last Refreshed: 19/09/2018

Backpackers For Sale (Sold)

Central Area

Asking Price : SGD50K - 100K

Revenue: Not Disclosed

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2009

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: SGD20,000

Staff: 3

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

Reason To Sell
Going Abroad
Business Description
Hello! Greetings from Feel At Home Backpackers.
We are going to settle abroad and that is the only reason of selling this business. Else this business is really profitable.
This is a backpackers business, very friendly and enjoyable and on top PROFITABLE. It's a fun to run this business. It needs patience and friendly nature. Profit is then; will be in your hands. Because of this business only, we were able to open one more 6 story backpacker in Thailand in 2011 which is still running in excellent condition.
Information About Backpackers:
1. We are having 7 private rooms, (6 normal double rooms and 1 family room); have an opportunity to make one more family room in the premises.
2. There are two bathrooms which is more then enough. One store room too is there.
3. One small Reception.
4. Computers, CCTV Camera, Smoke Detectors, URA Certified and SCFD Certified premises.
5. Location is Near Bugis MRT, excellent location and surrounded with many restaurants, Sultan Mosque.
6. Walking distance to Little India, Clark Quay etc.
7. Two Bus stops are just next to us, Bugis MRT is 4 minutes walk only.
Lease Period:
We sign second time agreement with the owner in September 2013. The lease is for 3+3 years. We have given 2 months rental deposit there already. The Agreement copy we can show you once you are interested to make the deal.
You can run a small take-away cafe:
You can organize a small take-away cafe also. This is really required here too because of surrounded by hotel and boutique hostels. You can surely make 3000-4000 additional per month because of this. In addition in the kitchen area, we have the GREESE HOLE also (as two years ago we decided to run the restaurant too). Just in case in future this can also helps you.
Maintenance Free Rooms:
Our beds are totally maintenance free, you are welcome to give a look, WHY? Mattresses are very comfortable. Each room is having air-con and maximum have the fans also. Safe is also there (which is usually you can see in hotels only). Other then that we have lockers also.
CCTV Secured and Smoke/Heat detectors:
The premises is secured with CCTV recordings and smoke/heat detectors. On the top of all we have the URA certificate and SCDF (Fire Safety Department Certificate) to run the business is also there. So legally you have no issues at all.
If you are not professional in this field, we assure you that we will give you full training for the same. I am sure it will not take longer to understand you the whole stuff.
For more information and to make the deal final :
Please directly contact me for further discussions either on <a title="" href=""> or 9018 9578.
Thanks and best regards!
R.K. Gupta (Rick)
Managing Director/Owner
7 Jalan Pinang Singapore 199139
Ph: +65 6293 9554
Email: <a title="" href="">
Web: <a title="" href="">
Business Operations
Business Hour:
Full Time
Preferred Skills:
Must love to meet different nationality people. Smiling nature.
Supporting and Training:
We will provide the whole training.
2 Local, 1 Foreigner
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD10,000 (included in selling price)
Lease Term:
3 + 3 Years
Other Information
All rooms are having queen size beds, aircon. 80% rooms are having fans also. Excellent condition of Mattresses and bed sheets etc. Safe for valuable in each room. And other furniture. as well as Grease Hole is also there in case if you want to run business of restaurant etc. All Required Licenses.
Expansion Potential:
1. You should run 24 hrs cafe in this business premises only. This can give you a profit of 6-8K every month. 2. We have grease hole also so that you can run the restaurant also, excellent if take away stuff is there.

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.

Join Premium Buyer Now to Find More About The Business
Premium Buyer can view additional information on the business, including
  • Date business posted, and last updated
  • Total enquiries this business has had, and when last enquiry sent
  • Get the contact information for the business (if available)

Just a moment... we are sending the message now