Singapore

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Listing Id: 2023 Total Views: 18471

(Sold) Hotel for Lease Biz ! $2M!

Central Area

Date Closed: 08/09/2021

Asking Price: S$2,000,000

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  • Overview
  • Reason For Sale
  • Description
  • Property Information

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental N/A
  • 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 Full Time
  • Staff N/A
  • Established 2015
  • Source Broker

Reason For Sale

Commitments

Description

Hotel for lease biz for sale @Trengganu Street
💽 Revenue/mth Est $300k
💽 Rental $130k
💽 Profit monthly $80K/month
💽 80 rooms with restaurant atrium & company work space
💽 Lease balance 5.5 yrs + 6 yrs
💽 Rental deposit 3 months.
💽 Turnover Revenue $4M/year
💽 GST registered
💽 Ask $2M negotiable

Property Information

Rent
Premise Status

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