Singapore  Singapore

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Listing Id: 35711 Last Refreshed: 04/03/2025 Total Views: 150

Serviced Apartment Business For Sale

Tanjong PagarEquipment Rental and Leasing
Asking Price: S$5,500,000
Business For Takeover
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Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$250,000
  • Liability N/A
  • Gross Profit S$210,000
  • Net Profit S$100,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 12
  • Established 2013
  • Source Broker

Reason For Sale

Exploring Option

Description

Top Class Serviced Apartment Business For Sale
Modern and cozy service apartments located within the vicinity of CBD area, Singapore. Ideal for business travelers, tourists, expatriates and corporrate executives looking for 3+ months short term or long term accomodation. Focus on guests seeking a homely vacation, corporate employees on extended business trips, international visitors and individuals relocating temporarily.
Ideal for families or expat executives, provide the space and comfort match the expectation. Each apartment features a spacious bedroom layout with private bathroom, along with a well-equipped kitchenette and in-unit washer and dryer for the convenience.
This business offers a wide range of services mainly to MNC, business executives and repeatative long term clientele.
Of late there has been a greater understanding of the benefits of serviced apartments and we have seen higher uptake by business and leisure travelers alike. The business owner belief that consistent, quality service, seeking ways to up keep the offerings and meeting the diversifying needs of today�s travelers is essential for business. Hence, to ensure we remain compelling and relevant, the owner is involved in day to day operation, improvements, training and representation aimed at setting the operating standards of the serviced apartment industry in Singapore.
This is a fantastic opportunity for a qualified new owner looking to acquire a first-class branded automotive services provider.
The business is currently fully staffed. Serviced Apartments have always been a very niche market for management companies. Overall serviced accommodations often deliver superior returns on investment.
This business does not own any real estate.
For further information visit: zacknzul.com/businesses-for-sale-6704111.html

Business Operation

Yes full fledge training will be provided
Support and Training
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