Singapore  Singapore

Sell a Business

Listing ID: 22773 Last Refreshed: 05/09/2021 Total Views: 2486

Passive Investors Needed!!! (2-3% Monthly Dividends Guaranteed)

Central Area

Asking Price: S$20,000
Passive Investors Needed!!! (2-3% Monthly Dividends Guaranteed)
  • Premise Type Office Building Premise Size 500sqft
  • Monthly Rental S$2,000 Rental Desposit N/A
  • Revenue S$260,600 Cash Flow N/A
  • Gross Profit N/A Net Profit S$113,800
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
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Reason For Sale

Expansion

Description

At Dè Originals Homes, we lease private properties directly from owner and set up with furnishing to get it ready to sublet to tenants.The co-living business model involves taking on long-term leases from landlords, redesigning the interior apartments stylishly, before marketing them as a brand to tenants. Coliving is a modern form of communal living in which residents get a private bedroom in a furnished home with shared common areas. Coliving is one of the best and most direct means to achieve optimal density, affordable housing, and an urban community.
Due to covid19, many businesses which are cutting back on operations, or mothballing their growth plans, however, in the co-living companies expansion strategies are largely on track. In addition to expatriates, some locals are also increasingly opting for co-living to escape being stuck at home with family.
We are looking for investors to help expand our business as well as increasing the amount of property we have to sublet to tenants in Singapore. With the investment, we use it to furnish the house and after sublet to tenants to stay.
At Dè Originals Homes, we are looking for passive investor/partnership with a contract of minimum 12 months. At a monthly dividends of 2-3% with the minimum of SGD $20,000. A partnership agreement will be signed with both the investor and the company.
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