Hotel for Sale in Malacca, Malaysia
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 10 - 20 thousand |
Run Rate Sales | Nil |
EBITDA Margin | 10 - 20 % |
Industries | Hotels |
Locations | Malacca |
Local Time | 8:02 PM Asia / Kuala Lumpur |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Our company has tie-ups with the building owner who provides us with their space. We renovate & furnish the place and make necessary changes before putting it up on rental.
- Currently, we have 9 furnished rooms. Additional floors are available from the building owner on a rental basis.
- The Airbnb is located 5 minutes walk to Jonker Walk, tourist spots, walking distance to 2 banks, clinics, and restaurants.
- In a month, we receive around 5-10 room bookings.
- We have tables, chairs, air conditioners & air blowers, a washing machine, water heaters, microwaves, a coffee machine, shelves, and an internet line.
- Revenue is earned on a rent basis minus the charge to one building owner. Rental chargers to the owner are below RM 1500/month and the property is maintained by us.
- New business owner can custom their own, entirely to increase revenue.
- The business is currently run by the owner single-handedly with the help of part-time staff.
- Currently, the business is not operational as we are planning to sell it due to a lack of manpower and resources to run and expand.
Intangible assets include the license for the business, deposits for rent, electricity, and water which will be transferred to the new owner.
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Earlier than 15 daysChief Executive Officer, Investment Holding, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Machinery Manufacturer, Petaling Jaya, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Automobile Rental Services, Singapore, Individual Investor / Buyer connected with the Business