Businesses For Sale in SingaporeSingapore

Listing ID: 14559
Total Viewed: 746
Last Refreshed: 25/10/2018

Yangon Hotel/Inn(Take Over)

Central Area, Singapore

Asking Price : S$1M-5M

Revenue: S$200K-500K

Cash Flow: S$200K-500K

Payable: Not Disclosed

Established: 2017

Gross Profit: SGD200K - 500K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
looking for takeover/Partner
Business Description

Established for over 8 months

72 rooms hotel.

Ground Floor Lease to School

Lease able to cover the landlord Rent

Thus anything from 72 rooms is profit

Operation cost monthly just USD3000 with Malaysia GM

High Profit, now Room occupany is increasing from 0 in first month to 25% and expect to hit average 75% in next 4 months

Take Over Cost : USD 1,160,000 only, at Room Rate USD35 , Potential Return in 2 year,

Lease 10 year plus extensions possible

Make your first step in Hospitality Investment in Myanmar, the next frontier of Asia, using the Branding to extend to more such Business Clean Concept Hotels into Myanmar.

Either 100% take over or 75% Sale of the Share, we are in Myanmar for 15 years, we can help you become the next Fragrance or Hotel 81 in Myanmar

Property Information
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