Businesses For Sale in SingaporeSingapore

Listing ID: 3609
Total Viewed: 2289
Last Refreshed: 27/07/2017

Backpackers' Hostel (10 Years Lease) For Takeover (Farrer Park MRT)

Serangoon, Singapore

Asking Price : SGD390,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2012

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
NIL
Business Description

- Fully renovated hostel with 60 beds (3 storey shophouse with attic) for take over

- Hotel licence from HLB available

- Come with all fittings and furniture

- Currently in operation 

- Remaining lease with Landlord (10 years approx)

- Current monthly rental $10k

- Take over fees: $390,000.00 (negotiable)

- Agents welcome and we pay commission for successful deal


** Interest parties please contact Freya at 91007281

 

Property Information
Premise Status:
Rent
Premise Size:
3800sqft
Rental Fee:
SGD10,000
Rental Deposit:
SGD30,000 (included in selling price)
Lease Term:
10
Other Information
Facilities:
CCTV, Card Access System, Alarm System, Fully Newly Furnished

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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