Singapore  Singapore

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Listing Id: 784 Total Views: 20496

(Sold) Back Packer Hotel For Sales @ Chinatown

Central Area

Date Closed: 24/01/2017

Asking Price: S$500K - 1M
  • Premise Type N/A Premise Size
  • Monthly Rental S$24,610 Rental Desposit N/A
  • Revenue S$50K - 100K Liability N/A
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 5
  • Established 2012 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

Business Owner Going Oversea

Description

- about 7000 sqft
- comprises of 18 rooms & 100 beds
- monthly rental of premises about $24610
- tenancy of premises expires on DEC/2015
- Initial Investment by seller abt S$500,000/-
- Occupancy Rate 60%
- Very friendly and city spot
- Convenient to go everywhere in Singapore
- Ample amenities and eateries
- 9.1.8.0.2.8.1.6 Stephen for more info

Property Information

Rent
Premise Status
3
Lease Term
Above Shophouse. Very cosy environment. Seeing is believing.
Premises Details
Yes, it can relocate to other place
Relocatable

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