Boutique Hostel In Tiong Bahru For Sale

9 months ago Republic of Singapore, Singapore Ad Views:420 Ad ID: 3100

Additional Details

  • Ad ID3100
  • Posted On9 months ago
  • Ad Views420
  • Price$150,000

Description

Boutique Hostel In Tiong Bahru For Takeover For Sale

Asking Price $150,000 (SGD)

Sales Revenue: $500K - $1M (SGD)

Cash Flow: $100K - $250K (SGD)

60+ capsule beds backpacker hostel in Tiong Bahru available for business takeover.

Beautifully renovated and business has high ratings across the various OTAs.

Takeover includes inventory,future bookings, staff and contacts/suppliers - lock stock and barrel, profit from day 1. Business is run by staff, owner role is minimal.

Remaining lease 3+3 years,able to extend for more.

3100