United States Overview
Financial Performance
Revenue
S$50K - 100K
Gross Profit
S$20K - 50K
Net Profit
S$10K - 20K
Monthly Rentalt
S$40,000
Business Operations & Assets
Staff
6 Employee
Year of Incorporation
2008
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$70,000
Premises Details
Conservation Building
Located in Historical District of Little India
Heavy tourist inflow.
Located in Historical District of Little India
Heavy tourist inflow.
Business Details
Reason For Sale
Owner re-locating to USA
Description
Excellent Location
Fully fitted
Award winning, Fully licensed
Backpackers Hostel for Sale
Owners re-locating to USA.
Facilities
Very near to Farrer Park MRT
Lift facility
Private ensuite bathroom in majority rooms.
Lift facility
Private ensuite bathroom in majority rooms.
Competition
Because of its unique features no heavy competitions experienced. No more Backpackers hostel license will be provided by URA for the next couple of years. So less competition.
Expansion Potential
Highly potential for expasion and acquisition of similar projects.
Buyer Support & Terms
Support and Training
After sales full support and training will be provided
Background & Skills
Passion for the Backpackers industry.
Knowledge about the Tourism and Hostel industry is an added advantage besides regular business acumen.
Knowledge about the Tourism and Hostel industry is an added advantage besides regular business acumen.
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