Overview
Financial Performance
Business Operations & Assets
The venue occupies approximately 2,200 sq ft and is fully renovated and fitted for immediate operation as an event space. The layout is flexible and suitable for a wide range of events, including private celebrations, family gatherings, corporate workshops, training sessions, networking events, and community activities.
The premises feature a bright, spacious environment with air-conditioning throughout, dedicated event areas, modern lighting, and a range of amenities designed to support both social and corporate functions. The venue can comfortably accommodate up to 100 guests depending on event configuration.
A favourable rental rate has been secured, together with a stable lease arrangement, providing cost certainty and operational continuity for the incoming owner. The location also benefits from nearby parking facilities, making it convenient for guests who drive while maintaining excellent MRT connectivity for those using public transport.
The combination of a central location, sizeable floor area, MRT accessibility, nearby parking, and turnkey setup makes the premises a rare and attractive asset within Singapore's event venue market.
Business Details
Reason For Sale
Description
The business is highly operationally light and does not require full-time on-site staff at all. Day-to-day activities mainly involve responding to enquiries, managing bookings, coordinating viewings, and arranging cleaning services in advance.
1. Prime central Singapore location near Bugis and Rochor MRT
2. Approximately 2,200 sq ft event venue
3. Capacity for up to 100 guests
4. Fully fitted and operational turnkey business
5. Established brand with a large existing customer base
6. Suitable for private, corporate, and community events
7. Strong accessibility and convenient city-fringe location
8. Attractive rental rate with secured lease in place
9. Opportunity for further growth through corporate partnerships, recurring events, and expanded marketing initiatives
Facilities
Included Facilities & Assets:
Fully renovated shophouse premises
Air-conditioning system throughout the venue
Installed lighting and electrical setup
Refrigerator
Microwave oven
2 Mahjong tables
Water dispenser
Dedicated baby diaper changing room
65-inch TV display screen
Portable projector for presentations and events
2 baby high chairs
Tables and chairs with seating capacity for up to 80 guests
The venue is fully equipped to host a wide range of private, family, corporate, and community events, allowing a new owner to continue operations immediately without significant additional capital expenditure.
Competition
Expansion Potential
Additional growth opportunities include:
Increasing corporate workshops, team-building sessions, and training events during weekdays.
Partnering with event agencies to become a preferred venue for their clients.
Hosting recurring community events, networking sessions, classes, and interest groups.
Expanding digital marketing efforts to increase brand awareness and direct bookings.
Building stronger referral and loyalty programs to encourage repeat bookings.
Leveraging social media and content marketing to reach new customer segments.
Exploring partnerships with nearby businesses, schools, and organisations for regular venue usage.
As centrally located event spaces with MRT accessibility and nearby parking are limited in Singapore, we are well-positioned to benefit from continued demand for conveniently located venues. A hands-on owner or an existing events business could further maximise occupancy rates and unlock additional revenue streams with relatively low incremental operating costs.
Buyer Support & Terms
Support and Training
The current owners will guide the buyer through all key aspects of the business, including enquiry management, booking procedures, calendar management, customer communications, venue viewings, event preparation processes, and coordination with service providers such as cleaners.
Standard operating procedures, booking workflows, and operational best practices will be shared to enable the new owner to confidently manage the business from day one.
As the business is designed to operate with minimal manpower and streamlined processes, the handover period will provide the necessary knowledge and support to ensure continuity of operations and a seamless ownership transition.
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