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Ref NoT953/RFS-03
StateKuala Lumpur
LocationKL City Centre
CategoryTourism / Accommodation
Rental and Leasing

Budget Hotel

Well established budget hotel business for sale:

- Good location in Kuala Lumpur city centre, walking distance to many popular tourists' attractions, such as Merdeka Square, Masjid Jamek and Central Market.

- Less than 5 minutes' walking distance to Petaling Street.

- Walking distance to Pasar Seni LRT/MRT Station and Masjid Jamek LRT Station.

- The hotel is consistently high regarded for its great service, cleanliness and location by the guests.

- The rooms are well-maintained, clean and equipped with air-conditioners.

- Toilets/bathrooms are shared.

- The hotel currently has 25 rooms and more than 80 beds and has the capacity to expand.

- It has a large lobby on the ground floor which can be divided to rent out if you wish to get extra rental income.

- It also has a very large rooftop which can be used as a great hang-out area for guests or any other purpose that you can think of.

- The hotel is highly recommended on Tripadvisor and has been receiving Tripadvisor's Certificate of Excellence every year.

- It also consistently receives good review rating on,, etc and has lots of returned customers.

- The hotel is also recommended by and featured in Lonely Planet guidebook and many other travel guidebooks.

Reason to sell: Owner intends to venture into F&B business whereby the new business will require her full attention and she has to be full time there to run the new business.

Selling the hotel business, not the property.
Monthly ProfitAvailable on Request
Asking PriceRM 420,000
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