Singapore

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Listing Id: 3371 Last Refreshed: 07/05/2019 Total Views: 12640

Premium Hostel - Time To Sell

Central AreaHostels
Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue > S$1M Liability N/A
  • Gross Profit S$50K - 100K Net Profit S$50K - 100K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Investor Staff N/A
  • Established 2012 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Business Owner
Email Owner

Reason For Sale

Its the right time to move on to the next venture

Description

This business has been build up over several years, establishing itself as simply the best hostel in Singapore. Reluctantly I am now looking to sell the business and move on. Looking to sell to a person who has the industry experience and energy needed to take the hostel to the next level. All the ground work is done, fully automated booking, great web presence, established brand that attracts the right guest. Multi award winning. Make no mistake, running a hostel is hard work, but the rewards are their for a small team who can put their stamp on what is already a very sound business. Not wanting to waste time with dreamers, but if you are serious to buy, I am serious to sell.

Business Operation

Yes, seller financing is available.
Some form of financing may be available to a qualified purchaser, but prefer a straight sale.
Seller Financing

Property Information

Rent
Premise Status
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