Need help?

Hotel for Sale in Malacca, Malaysia

For sale: Airbnb with 9 rooms located in Melaka, amenities & ample parking.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 21 thousand (Native Currency: MYR 90,000)
Reason: Due to a lack of resources to run and expand the business, we would like to sell the business. The d... View More
Includes physical assets worth USD 21 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We provide room rental/Airbnb services.
- 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.
Products & Services Overview
We provide Airbnb and room rental services. We have all the amenities like electricity, water, furniture, air conditioners & air blowers, a washing machine, water heaters, microwaves, a coffee machine, shelves, and an internet line.
Assets Overview
Physical assets include furniture, home electrical, bed frames, double deck bed with mattress frames (12 sets), bedroom facilities, home appliances, electricity, and water deposits. We value the assets at MYR 170,000 but are willing to offer them at a heavily discounted value.
Intangible assets include the license for the business, deposits for rent, electricity, and water which will be transferred to the new owner.
Facilities Overview
Our built-up is an area of 1,500 sq feet x 2 floors with the approx rental charges below RM 1,500/month for 2 floors.
Capitalization Overview
The company is funded through personal funds. The company has 1 director with 100% shareholding and no debts and liabilities.
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
12 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more