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Real Estate Rental Business for Sale in Petaling Jaya, Malaysia

For Sale: Room rental service with 23 furnished and well-equipped spaces listed on Airbnb.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
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
Locations  Petaling Jaya
Local Time 12:02 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 38 thousand (Native Currency: MYR 158,000)
Reason: I'm running this business as part time basis from the start. Due to lack of resources to expand the ... View More
Includes physical assets worth USD 25 thousand
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Business Overview

- 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.

Products & Services Overview

Room rental service in a fully furnished, well maintained space.

Assets Overview

- Physical assets include furniture and home equipment.

- We own the official website, social media pages and existing vendor/client agreement.

Facilities Overview

We have 6 condominium units for total 23 rooms on rent. The properties originally belong to the vendors.

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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.
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