Singapore

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Listing Id: 14285 Total Views: 15145

(Sold) Hotel Business For Takeover

Central Area

Date Closed: 13/09/2022

Asking Price: S$200K - 500K

Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 3
  • Established 2012
  • Source Direct Seller

Reason For Sale

Owner retiring

Description

Ongoing packpacker hotel for complete takeover at Little India, inclusive of all fittings and furniture.. Buyer of business to register new company. All support will be given on present setup.

Business Operation

24 hrs
Business Hour
24 rooms with provisions for more than 160 guests with 4, 5 or 6 beds in each room, toilets in each room. rooftop terrace for rooftop garden, washing machines and clothes dryer included, common area for tv and recreation area available.
Facilities
Yes
Expansion Potential
Support and handover provided
Support and Training
Someone familiar with hotel and backpackers biz
Background & Skills

Property Information

Rent
Premise Status
negotiate new lease on purchase of business
Lease Term
3 storeys, 2 units of shophouse with existing coffee shop on ground level (coffee shop not included in sale of hotel business)
Premises Details
Yes, it can relocate to other place
Relocatable

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