UAE

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Listing Id: 13635 Last Refreshed: 07/05/2019 Total Views: 11814

(Sold) Hostel + Shophouse For Sales

Central AreaHostels
Asking Price: S$2,000,000
Business For Takeover
Look For Investor
Look For Partner
Jane

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  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information

Overview

  • Premise Type N/A
  • Premise Size 2500 sqft / 232 sqm
  • Monthly Rental S$8,000
  • Rental Desposit N/A
  • Revenue S$5K - 10K
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$100K - 200K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff 2
  • Established 2007
  • Source Direct Seller

Reason For Sale

owners to retire and go back own country

Description

Hostel licenced tied to property all inclusive to sell.
Owner intend to retire.
Bank value for property up to $2.4m
Now business asking for $2m + Takeover fee for Pte Ltd. Company $500k

Check agoda for this hostel good reviews.
Immediate ready.

Business Operation

24hr
Business Hour
Yes, seller financing is available.
Seller Financing

Property Information

Yes, it can relocate to other place
Relocatable
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