Venturegrab Search for Business

Filters

Hotel & Accomodation
Hotel Kota Kinabalu ( Business Asset )
347
Kota Kinabalu, Sabah, Malaysia
Selling Off 100% Services

Business Overview
Overview - A Hostel with a strategical operation team behind.

Location - Located in the middle of the Central Business District. Estimated 13 minutes drive to the airport, 5 minutes to the Shopping Malls. A 30 years-old Shopping Mall is just next to our Hostel.

Airbnb homestay, hotel, and backpacker business total of 6 units and an upcoming project of 17 hotels.

Business Offer
Selling 100% share

Company Entity
Sdn Bhd

Reason for sale
no time to manage

Financial
Yearly Revenue: RM 177,000.00

Business Size
Employees: 1 to 2 person


Strength & Opportunity
Customers base - West Malaysia, UK, Singapore, Indonesia, Philippines, Canada, Sarawak, China, Netherlands, and more

Advantage - 67% returning-customers rate from Asia, 11% returning-customers rate from West Country

The buyer can continue your own business straight away. We have a solid database and several done-for-you cross-over platforms that automatically collect the payment when customers book the rooms.

Initial investment : Renovation fee RM28,000 + Asset Fee RM50,000

Have 22 rooms (40 customers can be accommodated)

Rental: RM4000 per month

Receptionist, Fb handler, Supplier, Guests data will be provided to new owner

Staff and training will be provided to new owner

Average spending cost: RM130 per customer

Full set of equipment and furnitures

Location
Asking Price
RM 67,000.00
Similar Listings