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Listing ID: 1952 Total Viewed: 3008

Established Serviced Office For Sales

Kallang/Whampoa, Singapore

Asking Price : SGD100K - 200K

Revenue: SGD20K - 50K

Cash Flow: SGD20K - 50K

Payable: SGD20,000***

Established: 2005

Gross Profit: SGD10K - 20K

Inventory: SGD0***

Receivable: SGD30,000***

Owner Role: Full Time

Net Profit: SGD10K - 20K

Liability: SGD0***

FFE: SGD200,000

Staff: 3

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

***NOT included in asking price

Reason To Sell
Focusing on new business venture
Business Description

Established Serviced office for sales

1) This is a leased and lease unit. (We rented this place, renovated it into smaller rooms and rent it out as serviced office

2) occupying about 9000sqf with 40 various sized rooms avaiable for rental

3) Have facilites such as conference room, pantry and reception area

4) WIFI fully set up using enterprise solutions

5) All room come with aircon, Lighting, powerpoints, LAN point for pabx system

6) able to provide digital individual local dedicated telephone & e fax service to each tenant

7) recently renovated with new carpet, reception area and painting

Still have balance 30 months of lease with option to renew

Business Operations
Business Hour:
Monday to Friday (9am to 6pm)
Preferred Skills:
Not applicable. simple business of collecting rental every month
Supporting and Training:
3 Local
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD45,000 (NOT included in selling price)
Lease Term:
3years + 3 years
Premises Detai:
Fully renovated for serviced office setup. Able to bring extra revenue as virtual office, call answering, lease line using digital pabx system
Other Information
40 rooms of office furniture, air con, lighting and power points reception area with reception table and waiting area Pantry with cabinets, water dispenser, fridge and coffe machine conference room with 10 seaters customed made desk with direct connection to 42" LCD TV
All nearby serviced office do not provide services such as receptionist, conference room and pantry Currently about 70% occupied
Expansion Potential:
Able to provide other services such as virtual office, call answering or lease lines If you operate a business solutions such as accounting, this serviced office can also be a based of operation for you especially when all the tenants are businessmen themselves A free upgrade of all the doors to digital lock (similar to those hotel digital lock) can be arranged using PIC grant Use this biz as a base business operation for:- 1) accounting, corp sec and other financial management service 2) web design 3) and any other business that businesses / businessmen will need to run their company

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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