New Budget Hotel For Sale
www.GlobalBX.com
Listing ID:
700125447
Listing Title:
New Budget Hotel For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=125447
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Hotels
Country:
Malaysia
State / Province:
Area
City:
Kuala Lumpur
Asking Price Range:
< $250K
Gross Revenues:
$360,000
Cash Flow:
$360,000
Cash Flow Type:
EBITDA
Year Established:
2009
Number of Employees:
4 - 5
Business Description:
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.
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