Description
Award Winning Boutique Backpacker Hostel Near Farrer Park MRT for Takeover
∼This is a takeover of the hostel business not purchase of the shop house.
~Near Farrer Park MRT (8 Mins Walk)
~50 Beds , potentially can be increased to 60± beds
~4800±sqft approx
∼Fully licensed, legally compliance to all authorities.
~3 Storey shophouse
~Nicely renovated @ more than $500k
~Rental @$10k appx
∼Awarded prestigious Best Hospitality Design in Asia Pacific Category by I-DEA
~Takeover hostel licence, award winning brand name, booking system, website, Facebook page, etc.
∼Transition support provided to new buyer
~Takeover Fee $300k nego, amount exclude 3 month rental deposit of appx $30k to Landlord.
∼Annual profit of $50k± with potential to increase
~can nego new lease with landlord
∼Just need about 3-4 year to recover back your investment
~Full P&L and booking record can be disclosed for serious buyer
~SMS or Whatsapp Desmond @84485588 for more information. Thank you!
Singapore
