Serviced Apartment Seeking Loan in Nilai, Malaysia

Hostel room operator covering more than 200 rooms in Nilai, seeks funds for expansion.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 140 thousand
EBITDA Margin
10 - 20 %
Industries
Locations
Local Time
1:40 PM Petaling Jaya
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 47 thousand for 12.0% annual interest, 7 years (Native Currency: MYR 200,000)
Reason: - Want to expand our rooms to 350 in Nilai. - Expand our services in Sepang. - Provide more select... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview

- We are a hostel operator currently running in Nilai, near a university, and the Kuala Lumpur International Airport (KLIA).

- Have 50+ units with more than 200 rooms with an average occupancy rate of 90%.

- We also provide property management services to homeowners and maintain 10+ properties.

- Our main clients are university students, KLIA staff, Nilai's 3 factory workers, and workers near the Nilai area.

- Revenue model: We rent the properties for 30-50% lower than the market rate from owners and rent out the rooms for 10-30% higher than the market rate.

- Revenue Split: 90% of our revenue is from hostel services and 10% is from property management services.

- We wish to expand the number of rooms to 350 in Nilai, and also plan to expand our services in Sepang.

- Business owned assets include furniture and equipment that are used to furnish the hostel rooms.

Products & Services Overview

- Master room, middle room, sharing room, single room.

- Management of fixed rental units and an AirBnB operator.

Facilities Overview
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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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