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Listing Id: 443 Last Refreshed: 07/05/2019 Total Views: 24366

(Expired)Very Successful Singapore Quality Backpacker’S Hostel For Sale

Central AreaHostels
Asking Price: S$1,000,000
Business For Takeover
Look For Investor
Look For Partner
Mark Willis

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established 2010
  • Source Direct Seller

Reason For Sale

Owner moving overseas

Description

A centrally located hostel in a prime downtown location. The business is well established with a good mix of new and returning guests. Top local hostel brand drawing guests from across the region and globally. Good occupancy averaging around 85% generating a strong positive cash flow. Well-developed web site with good hit rates. Consistently excellent reviews across all booking portals and review sites.
Takeover this fully operational and profitable business for $1m. Selling as owner moving overseas.

Property Information

Rent
Premise Status
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