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Listing Id: 2023 Total Views: 21675

(Sold) Hotel for Lease Biz ! $2M!

Central Area

Date Closed: 08/09/2021

Asking Price: S$2,000,000

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  • Overview
  • Reason For Sale
  • Description

Overview

  • Premise Type
  • Premise Size
  • Monthly Rental
  • Rental Desposit
  • Revenue
  • Liability
  • Gross Profit
  • Net Profit
  • Stock
  • FFE
  • Payable
  • Receivable N/A
  • Owner Role
  • Staff
  • Established
  • Source

Reason For Sale

Commitments

Description

Hotel for lease biz for sale @Trengganu Street
💽 Revenue/mth Est $300k
💽 Rental $130k
💽 Profit monthly $80K/month
💽 80 rooms with restaurant atrium & company work space
💽 Lease balance 5.5 yrs + 6 yrs
💽 Rental deposit 3 months.
💽 Turnover Revenue $4M/year
💽 GST registered
💽 Ask $2M negotiable

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