Overview
Financial Performance
Business Operations & Assets
Total Size: 10,796 sqft
Units Occupied: 21 units (single floor)
Monthly Rent: SGD 76,000
Lease Tenure: 5 years
Next Renewal: January 2026
Business Details
Reason For Sale
Description
The business operates a professionally managed workspace ecosystem comprising private office suites, flexible desks, virtual offices, meeting rooms, and event venues. It serves a diversified customer base, including SMEs, entrepreneurs, professionals, and recurring event clients.
With consistently high private-suite occupancy, stable membership income, and a proven event rental segment, this business is ideal for buyers seeking a turnkey acquisition with predictable revenue and growth levers already identified.
The business is fully fitted, professionally staffed, and ready for seamless takeover.
🚀 𝐀𝐬𝐤𝐢𝐧𝐠 𝐏𝐫𝐢𝐜𝐞:
𝐒𝐆𝐃 𝟐,𝟎𝟎𝟎,𝟎𝟎𝟎 (𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐓𝐚𝐤𝐞𝐨𝐯𝐞𝐫)
𝐒𝐆𝐃 𝟐𝟎,𝟎𝟎𝟎,𝟎𝟎𝟎 (𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐨𝐟 𝐀𝐬𝐬𝐞𝐭𝐬)
📈 𝐀𝐧𝐧𝐮𝐚𝐥 𝐑𝐞𝐯𝐞𝐧𝐮𝐞:
Average Monthly Recurring Revenue (Past 12 Months): SGD 80,587
💼 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 & 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬:
- Serviced Private Offices (Private Suites)
- Booths
- Dedicated Desks
- Hot Desks
- Virtual Offices
- Meeting Room Rentals
- Event Venue Rentals (Dining Hall, Studio, Multi-Purpose Rooms)
👥 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐁𝐚𝐬𝐞 & 𝐎𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲: The business benefits from a strong mix of long-term tenants, flexible users, and recurring virtual office memberships.
𝐖𝐨𝐫𝐤𝐬𝐩𝐚𝐜𝐞 𝐎𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲 (𝐂𝐮𝐫𝐫𝐞𝐧𝐭):
- Private Suites: 100%
- Booths: 73%
- Dedicated Desks: 84%
- Hot Desks: 49%
- Virtual Office Members: 215 active clients
💰 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐌𝐨𝐝𝐞𝐥:
- Predominantly recurring monthly membership income
- Virtual office plans on quarterly or annual terms
- Event venues generate high-margin recurring weekend bookings
👉 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 & 𝐒𝐚𝐥𝐞𝐬 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬:
- Direct website enquiries
- Member and tenant referrals
- Office space brokers
- Google Ads & social media marketing
- Online venue-booking platforms
- Walk-ins and site viewings
💼 𝐀𝐬𝐬𝐞𝐭𝐬 𝐈𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐢𝐧 𝐒𝐚𝐥𝐞:
- Fully fitted office premises (furniture, fixtures, IT infrastructure)
- Active membership contracts
- SOPs and operational manuals
- Established branding and marketing assets
- Website with virtual tour and professional media
- Customer and event booking database
- Option to retain experienced operations team
👥 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬: Total: 6 (5 full-time, 1 part-time)
- Centre Manager
- Operations Executive
- Member Relations Executives
- Office Support
- Part-time Sales & Marketing
The team is experienced and ideally expected to continue with the business.
Expansion Potential
- Expansion into adjacent floor space with additional private suites
- Introduction of corporate service add-ons (HR/Admin support)
- Upselling enhanced services to Virtual Office members
- Operational efficiency improvements through technology and AI adoption
🏆 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐬 𝐀𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞:
- Immediate, predictable cash flow
- High occupancy in premium private suites
- Proven event revenue with repeat clients
- Fully fitted, turnkey operation
- Clear and actionable growth levers
- Low operational ramp-up risk for new owner
Buyer Support & Terms
Support and Training
Background & Skills
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