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Serviced Apartment for Sale in Petaling Jaya, Malaysia

For Sale: Room rental service with 20 furnished and well-equipped spaces listed on Airbnb.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 38 thousand
EBITDA Margin 10 - 20 %
Industries Hotels + 1 more
Locations  Petaling Jaya
Local Time 2:01 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: MYR 150,000)
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 21 thousand
Interested to connect with advisors
Documents
Business Overview

- Lifestyle room rental business 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 5 well furnished spaces or a total of 20 rooms.

- People can rent the room for a minimum period of 1 month up to 12 months.

- 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

Lifestyle room rental service which redefining living experience, change the way of millennial living, fully furnished home with epic styling.

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 5 condominium units for total 20 rooms on rent. The properties originally belong to the vendors.

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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