Real Estate Rental Business for Sale in Petaling Jaya, Malaysia
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 50 - 60 thousand|
|Run Rate Sales||USD 50 thousand|
|EBITDA Margin||20 - 30 %|
|Industries||Hotels + 1 more|
|Local Time||12:02 AM Asia / Kuala Lumpur|
|Listed By||Business Owner / Director|
- Business is a room rental service.
- We have tie-ups with vendors who provide us with their space. We furnish the place and make necessary changes before putting it up on rental.
- Currently, we have 6 well furnished spaces or a total of 23 rooms.
- People can rent the room for a minimum period of 1 month up to 12 months.
- In a month, we get around 5-10 room bookings.
- Rooms are fully equipped & furnished home, high speed internet, utilities, and home maintenance are being taken care of and periodic housekeeping.
- Revenue is earned on a rent basis minus the charge to vendors. Property is maintained by us.
- Our services are registered on Airbnb and we have a collaboration invitation from the world co-living community.
- The business is currently run by the owner single-handedly with the help of part time family support. Selling the business due to lack of manpower and resources to run and expand.
Room rental service in a fully furnished, well maintained space.
- Physical assets include furniture and home equipment.
- We own the official website, social media pages and existing vendor/client agreement.
We have 6 condominium units for total 23 rooms on rent. The properties originally belong to the vendors.
1 week, 5 days agoChief Operating Officer, IT, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
2 weeks, 1 day agoCEO, IT, Chennai, Individual Investor / Buyer connected with the Business