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Hostel Business With Takeover Fee In Singapore For Sale

Buona Vista, Jurong, Singapore
Asking Price:
$250K - $500K (SGD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (SGD)
Cash Flow:
$50K - $100K (SGD)

Operating last 3 years with more than 1 million turnover
20 rooms hotel with own bathroom and shared facilities
9 rooms with shared bathrooms
Residences with 12 rooms next to hotel
Management support available
Take over fee 250-350k
Lease can be further extended for another 3-4 years
Current lease expires 2023 Dec.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

4 years with option to extend

Leasehold Rent:

$35,106 (SGD) per annum

Living Accommodation:

Residential next door

Location:

Buona Vista

Premises Details:

1 residential house and 1 commercial building

Size in square feet:
5000sqfeet

Business Operation

Expansion Potential:

Increase rooms or build rooftop and expand food n beverages

Trading hours:

9-9pm

Employees:
10
Years established:
2015

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$120,000 (SGD) - included in the asking price
Inventory / Stock value:
$50,000 (SGD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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