Listing Id: 25219
Last Refreshed: 18/04/2022
Total Views: 269
(Expired)Event Space & Business For Sale
Central AreaEvent Management
Asking Price: S$100,000
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
N/A
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Monthly Rental
S$11,000
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Rental Desposit
S$33,000***
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Revenue
S$38,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Letting go this business due to owner has other e-commerce business and need a bigger space.
Description
Approximately 2,400sqft high floor event space which can also be used as office space for Takeover.
Located next to Tanjong Pagar MRT Station.
Nicely renovated & well-maintained with fully-equipped event space equipment. Minimum labour required to operate this event space business.
Spent $280K on renovation, furniture and equipment. Current lease with landlord is around $12k.
Office space consist of 1 multifunctional hall which can hold a 60-80 pax event, 1 meeting room for 12-16 pax, 1 VIP/wine room for 6 pax and 1 back office for 3 pax.
Revenue from event space rental was around $38k before pandemic.
Letting go this business due to owner has other e-commerce business and need a bigger space.
Takeover fee: Negotiable
Singapore