Listing Id: 4252
Total Views: 11252
(Sold) Backpacker Hostel For Sale
Serangoon
Date Closed: 28/02/2021
Asking Price: S$600,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$9,100
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Rental Desposit
S$27,000
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$20K - 50K
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Net Profit
S$10K - 20K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
1
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Established
3042008
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Source
Direct Seller
Reason For Sale
4 business partners looking to go on our own.
Description
Selling a very unique backpacker hostel in the streets of little india. If you love travelling, just like we do, its a business you surely want to go into. You will be on holiday everyday meeting new tourist who comes to visit singapore. The hotel licensing board is also no longer issuing a hostel-hotel license. So be sure that, only exisiting hostel have and are licensed. We a glad to be one of the licensed one. With the concept of art gallery, we have painting and art sculptures in the hoestel, not only that we have a good vibes with the ARTs in the hostel. Please contact me for further discussion. owned by young entrepenuers for more than 3 years we are ready to move on.
Business Operation
dance studio, veranda , backyard
Facilities
prices from 2 neighbours can be competitive but still manageable.
Competition
expansion to the 2nd floor.
Expansion Potential
we will guide you with the marketing and reservation. don't worry.
Support and Training
travellers, young and energetic entrepeneurs
Background & Skills
Property Information
2 shophouses merging to each other, very unique property.
Premises Details
Singapore