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Listing Id: 13635 Last Refreshed: 07/05/2019 12086 Views

Hostel + Shophouse For Sales

Closed
Asking Price S$2,000,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
S$5K - 10K
Gross Profit
S$10K - 20K
Net Profit
S$100K - 200K
Monthly Rentalt
S$8,000

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2007
Owner Role
Investor
Premise Size
2500 sqft / 232 sqm

Business Details

Reason For Sale

owners to retire and go back own country

Description

Hostel licenced tied to property all inclusive to sell.
Owner intend to retire.
Bank value for property up to $2.4m
Now business asking for $2m + Takeover fee for Pte Ltd. Company $500k

Check agoda for this hostel good reviews.
Immediate ready.

Buyer Support & Terms

Seller Financing

Yes, seller financing is available.
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