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Serviced Apartment for Sale in Johor Bahru, Malaysia

For Sale: Reputable hostel chain with 2 branches that have hosted 50,000+ guests.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 %
Industries Serviced Apartments
Locations  Johor Bahru
Local Time 5:44 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: MYR 150,000)
Reason: Owner is venturing into another business.
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
Documents
Business Overview

- Reputed hostel chain in Malaysia with one located in Johor Bahru and another one in Mersing.

- Johor Bahru branch has 40 beds and Mersing branch has 20 beds.

- So far we have hosted over 50,000 guests from all over the world.

- Occupancy rate depends on the season but it has never gone down below 50%.

- Our guests are tourists, travellers, students and locals.

- Registered on Trip Advisor, Agoda, Hostel World, Trivago, MakeMyTrip and the business have overall good ratings.

- Both the hostels are located in a good tourist and busy spot which attracts a large number of people.

Products & Services Overview

Hostel with dormitory quarters, private rooms, family rooms for long and short term visitors.

Assets Overview

Assets include air conditioners, CCTV, 15 queen beds, 26 single beds, bedsheet, pillows, water heater, table, TV, DVD player, dining table, sofa, refrigerator. Detailed asset information is given in the document.

Facilities Overview

Rented hostels at Johor Bahru and Mersing. One has 40 pax capacity and the other has 20 pax capacity.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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