HomeBoutique Hostel in Chinatown
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Boutique Hostel in Chinatown
Lantern Stay
HospitalityListed by BrokerSingapore, Singapore 187 views
Asking Price
$750K
Annual Revenue
$680K
Net Profit
$160K
Years Operating
10+ yrs
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About this Business
40-bed hostel with high occupancy and strong online ratings. Operating for 10 years with a team of 8, the business generates about S$680k in annual revenue and S$160k in net profit. Processes are documented and staff are trained, so the business does not depend on the owner day to day. The seller offers a 1–3 month handover covering suppliers, key clients and operations. Ideal for an owner-operator or investor looking for steady cash flow with room to grow through marketing, new channels or extra outlets.
Assets Included
All fixtures, fittings, equipment, stock, website, social media accounts, supplier contracts and customer database.
Reason for Sale
health
Owner Linda is selling for health reasons and will support a smooth handover.
Seller Details
$750K
Asking Price
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