Singapore  Singapore

Sell a Business

Listing ID: 13083 Last Refreshed: 10/11/2019 Total Views: 10697

Excellently Running Tourist Hostel with Good brand for Take over

Central Area

Asking Price: S$495,000
  • Premise Type N/A Premise Size 9866sqft
  • Monthly Rental S$45,000 Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2008
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
VIJI JAGADEESH JVKM CONSULTANTS PTE. LTD.
Email Owner
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Reason For Sale

Owners retiring

Description

Excellently Running Tourist Hostel with Good brand for Take over with 3 years Tenancy Agreement.

Once in a while such a good business comes for sale.
Overseas investors - It is the right time to enter into Singapore Business with such golder Opportunity for your business investments in Singapore.  

Do not miss the golden opportunity to grab such a valid business to build up your business in Singapore.

Excellent Location

Fully fitted - you may want to change to your taste.

Award-winning, Fully licensed by HLB and URA to operate as Backpackers Hostel in the buzzy tourist district.

Hostel for Sale  @ SGD495/-K Take over fee 

[Take over fee for Full licenses transfer]


Fully fitted

Able and efficient 4 businesses at one roof:


1.  Bed sales 140 beds with global bookings with 80% occupancy all through the year because of the location advantage.

2.  Convenience store with Liquor license until 1030pm.  

3.  Tobacco license with good sales as many 24 hrs outlets and entertainment units around the Hostel.

4.  Fresh Flower shop with Temples and Pagodas around and with good sales turnover.

5.  Travel agency with STB license to sell inbound, outbound, air tickets, land transport, cruise bookings, Visa arrangements and to sell Retail Singapore attraction tickets.


Rental SGD45K plus advance per lease term is payable directly to the Landlord upon signing off the Tenancy contract.


Owners retiring due to age and health reasons after operating all the above businesses under one roof for 9 years under one single brand.

 

Lucky buyers will grab the opportunity immediately.

 

Call me for viewing and discussions @ 90058217

Pardon me if i don't pick up your call.  Just Whatsapp me i will return your call and message once I am free.




Business Operation

24 / 7
Business Hour
Will be provided
Supporting and Training
Knowledge of Hospitality and Tourism Industry
Background & Skills

Property Information

Rent
Premise Status
3 years
Lease Term
Super prime location and well positions.
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
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