Singapore  Singapore

Sell a Business

Listing ID: 1952 Last Refreshed: 07/05/2019 Total Views: 11568

Established Serviced Office For Sales

Kallang/Whampoa

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size 9000sqft
  • Monthly Rental S$15,000 Rental Desposit S$45,000
  • Revenue S$20K - 50K Cash Flow S$20K - 50K
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock S$0 Liability S$0
  • Payable S$20,000 Receivable S$30,000
  • FFE S$200,000*** Established 2005
  • Owner Role Full Time Staff 3
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Dave Tan
Email Owner

Reason For Sale

Focusing on new business venture

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 Operation

Monday to Friday (9am to 6pm)
Business Hour
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
Facilities
All nearby serviced office do not provide services such as receptionist, conference room and pantry Currently about 70% occupied
Competition
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
Expansion Potential
Yes
Supporting and Training
Not applicable. simple business of collecting rental every month
Background & Skills

Property Information

Rent
Premise Status
3years + 3 years
Lease Term
Fully renovated for serviced office setup. Able to bring extra revenue as virtual office, call answering, lease line using digital pabx system
Premises Details
Email Owner
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