Listing Id: 2023
Total Views: 18885
(Sold) Hotel for Lease Biz ! $2M!
Central Area
Date Closed: 08/09/2021
Asking Price: S$2,000,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
2015
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Source
Broker
Reason For Sale
Commitments
Description
Hotel for lease biz for sale @Trengganu Street
đ˝ Revenue/mth Est $300k
đ˝ Rental $130k
đ˝ Profit monthly $80K/month
đ˝ 80 rooms with restaurant atrium & company work space
đ˝ Lease balance 5.5 yrs + 6 yrs
đ˝ Rental deposit 3 months.
đ˝ Turnover Revenue $4M/year
đ˝ GST registered
đ˝ Ask $2M negotiable