Singapore  Singapore

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Listing ID: 40519 Last Refreshed: 05/05/2026 3450 Views

(On Hold)Premium Serviced Office & Co-Working Business | Strong Recurring Revenue | Immediate Cash Flow

Asking Price S$2,000,000(Neg.)

Overview

Financial Performance

Monthly Figures
Revenue
S$80,587
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$76,000

Operations & Ownership

Staff
6 Employee
Owner Role
Full Time

Property Information

Premise Type
Office Building
Premise Size
10796 sqft / 1003 sqm
Premises Details User-entered information
Property Type: Commercial Office
Total Size: 10,796 sqft
Units Occupied: 21 units (single floor)
Monthly Rent: SGD 76,000
Lease Tenure: 5 years
Next Renewal: January 2026

Operations & Growth

Reason For Sale

The owner is seeking an exit to focus on other investment opportunities.

Description

This is a fully operational, premium serviced office and co-working business offering immediate recurring cash flow and strong expansion upside.

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

- Dynamic pricing optimisation for event venues
- 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

The seller is open to providing a 1–2 month transition consultancy to ensure a smooth handover.

Background & Skills

No strict industry background required. Financial capability and service quality focus preferred.
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