Licensed Budget Hotel With 9.0 Review Score for Sale. (50% Discounted, high ROI)
Value-buy for those who are waiting for the economy to open up.
Location: the heart of Bukit Bintang. A lot of people stop by to take pictures of Jalan Alor Street Art. Strategic location for travelers.
A few meters to Jalan Alor and Jalan Changkat. Walking distance to Pavilion and Sungai Wang.
- Price: RM 120.000 - Type: Budget Hotel Business - Sales Report for 2018-2021 can be provided. - During the COVID-19 MCO period the business maintain break-even - Sales Projection will be provided. - Healthy OTA presence (booking.com, Agoda, Expedia, Airbnb, etc. maintain high sales generation and each channel have more than 500 reviews, with a review score of 9.0 out of 10) - Great Landlord (always supportive and understanding, specifically during the lockdowns)
Total 9 Rooms (all Air-conditioned)
3 queen rooms with a private bathroom. (For 2 pax) 3 queen rooms with outside bathrooms. (For 2 pax) 1 dorm room with 4 single beds (2 bunk beds) 2 Triple Family Rooms with private bathrooms. (For 3 pax)
- CCTV - KEY Card entry System & Intercom - Property Management System - Easy to Manage (1 staff can manage) - Automated water pump for good water pressure - Dedicated Laundry Area (washing machine and dryer) - Kitchen Area with cooking facilities - Reception Area (computer, printer) - Library Area (with books) - Spacious Patio where guests mingle around (unique selling point) - Lightings and Walls Decorated with graffiti - Special Logo Design, professional photographs, and all artworks will be provided. - A Website with a booking engine - Regular database of customers - Still the good quality of linens (recently replaced)
A few cosmetic touch-ups are needed once inter-state traveling is allowed (RM 5-10k expenses).
Reason to sell: Hotel Owner is seeking to retire and focus on his academic studies.
AFTER PURCHASE TRAINING AND SUPPORT WILL BE PROVIDED.
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