SGD100K - 200K
SGD100K - 200K
Reason To Sell
Exit Business. Require Cashflow
Possess a trophy business!
Hostel runs like a hotel!
TripAdvisor rate 4.5 / 5 Stars for 2014.
largest backpackers hostel in Little India, Singapore. Asking SGD$540k from direct investor. Owner let go all his shares
in the business and exit, looking to recover some capital investments. Sale of partial company shares (40%). Full Buyout possible. This is
definitely a valuable proposition. An opportunity to enter hostel trade with
is located in Tourist Area. More than 200 beds. Many different room types (dormitories
to private rooms). Suitable for all kinds of travellers (family, couples,
children, group) overseas and local.
only for a few years. More than 3.5 years of Tenancy left. Renewable.
business and networks. Established online presence with booking sites. Already
working with other local tourist-related operators. Serves individuals, groups
and corporate customers.
run by experienced team. Multiple business revenue types.
revenue takes care of expenses like rental.
and modern design. Appealing to Caucasians.
is Well maintained (Almost new condition!). Well decorated. Above average
facilities. Card access system. New additions to fixtures and features to
business recently 2014. Safe and clean environment. Nearby plenty of tourist
landmarks. Positive media reviews.
SHOULD I INVEST?
of potential for Growth. Honest owner looking for Serious buyer to bring
business to next level.
investors unfamiliar with hostel trade fret not. No steep learning curve. No
need to start from scratch. Business operations is independent. Any further
support will be given. Assets owing to investor will be in excess of $350k.
suitable for investors already in tourism business.
can buy. Foreigners welcome (even for those applying for EntrePass). Negotiable
Price. Agents NOT welcome. *More information to share with serious investors.
Tourism-related business owners.
Supporting and Training:
No training necessary. Support provided
Yes, it can relocate to other place
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