Listing Id: 13635
Total Views: 11680
(Sold) Hostel + Shophouse For Sales
Central Area
Date Closed: 17/05/2019
Asking Price: S$2,000,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
2500 sqft / 232 sqm
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Monthly Rental
S$8,000
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Rental Desposit
N/A
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Revenue
S$5K - 10K
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$100K - 200K
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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
Investor
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Staff
2
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Established
2007
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Source
Direct Seller
Reason For Sale
owners to retire and go back own country
Description
Hostel licenced tied to property all inclusive to sell.
Owner intend to retire.
Bank value for property up to $2.4m
Now business asking for $2m + Takeover fee for Pte Ltd. Company $500k
Check agoda for this hostel good reviews.
Immediate ready.
Business Operation
Yes, seller financing is available.
Seller Financing
Property Information
Yes, it can relocate to other place
Relocatable
Singapore