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New Budget Hotel For Sale
Location: Malaysia -> Kuala Lumpur
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Small budget hotel for sale with 20 letting rooms, centrally located in Kuala Lumpur city. Owner relocating, want sell at the earliest. It is leased building for up to 10 years. Started Feb 2009 running smoothly with online and average occupancy rate expected 80% by the end of the year. Average net revenue rm 180,000 70% occupancy. Currently going on 65%. 70% are internet bookings. Possibility of adding up rooms. Asking price 650k rm. Document transfer required time 7 days maximum.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $360,000
Cash Flow:   $360,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Owner relocating urgently.




Print Listing Id: 700125447
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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