Newly Established Hotel for Sale in Kota Kinabalu, Malaysia

The business offers budget hotel accommodation with six rooms for customers seeking affordable and comfortable stays. The hotel serves regular and new customers from different regions. Customers can book rooms through social media platforms such as Facebook, TikTok, and Instagram or through walk-in enquiries generated by the hotel signage. The hotel operates day and night shifts to provide continuous customer service. Tangible assets include furniture, fixtures, and other equipment required for hotel operations.
Intangible assets:
The buyer will receive the hotel operating licence, established customer base, existing hotel signage, social media presence, and the transferable rental agreement, subject to the landlord’s approval. The facility occupies approximately 1,400 sq. ft. on the first floor of a shop building. The hotel has six rooms, two bathrooms, and two toilets. The premises have a private staircase with no shared access to other buildings. The property includes free parking and safety grills. The hotel operates under a budget accommodation concept and has the required hotel industry operating licence. The premises are rented for RM 1,300 per month. The owner has signed a four-year rental agreement, with three years remaining, and the contract can be extended. The business is fully funded by the owner’s own capital. There are no loans or outstanding debts associated with the hotel business. The business has one owner who holds 100% ownership.