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Lodging Company Operating And Developing Hostels For Sale

Central Business District, Chinatown, Singapore
Asking Price:
$500K - $1M (SGD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (SGD)
Cash Flow:
$500K - $2.5M (SGD)

- Renowned Singapore based hostels and lodging chain brand.

- Brand is almost 10 years old with a lot of goodwill in the industry.

- Business has 2 hostels in 2 distinct prime locations in the heart of the touristic area. (close to major MRT stations).

- 1 hostel recently renovated.

- 141 beds.

- Option to acquire rights and start a third hostel with 60 beds.

- Room for future expansion and growth.

- Served guests from more than 165 countries till date.

- Great guest rating score.

- Occupancy rate 85-90%.

- One of the top-performing seller on all major OTAs.

- Business is fully licensed (URA, SCDF, HLB) and not subjected to TDL (Temporary Development Levy)

- Business is clear of debts and we will offer complete support during the transition period.

For more information, please contact us by using the form below.

Property Information

Planning Consent:

Fully licensed (URA, SCDF, HLB) and not subjected to TDL (Temporary Development Levy)

Business Operation

Employees:
5-10
Years established:
9

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$435,000 (SGD) - included in the asking price

Contact Seller

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