Businesses For Sale in SingaporeSingapore

Listing ID: 14173
Total Viewed: 4614
Last Refreshed: 03/01/2019

Capsule Hostel @ Chinatown

Central Area

Asking Price : SGD200,000

Revenue: SGD600,000

Cash Flow: SGD100K - 200K

Payable: Not Disclosed

Established: 2018

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Look for investor/partner
Business Description

We are currently looking for an immediate investor to invest S$200,000 for a capsule hostel establishment in Chinatown, Singapore.

• Capsule hotels are getting increasingly popular, especially among backpackers.

• Hotel industry in Singapore has been lucrative, with close to 100% full occupancy rates monthly.

• Please note that we are looking for an investor to come onboard for financial backing to start the establishment. In other words, we have not started the business and this is merely a conceptual phase.

• The role of the investor is mainly to provide financial backing and enjoy potential financial gains (ROI estimated to be 2-4 years.)

SGD200,000 is the startup cost, which includes renovation, partnership and marketing, licensing etc, and we expect to enjoy an ROI within 2-4 years time.

We are looking for investors who are already confident for the hotel industry, and are willing to invest immediately for us to start the business as we already have a plan we know it is solidified. 

So if you are prepared to invest SGD200,000 into the business, knowing that this hotel industry is a lucrative one, only then, please contact me. 

Property Information
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