Ongoing Hotel Business For Sale OFFERED in Singapore @ Adpost.com Classifieds

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OFFERED: Ongoing Hotel Business For Sale

 
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Category: Other Business Opportunities
Ad Number: 29695
Date Posted: 07/26/2009
Description
Just in time for the IR...Profitable hotel for sale @ District 11. 90% occupancy rate for the whole year.

Land : 1280.60sqm
Build in: 3823.44sqm
Plot ratio : 2.9857

Date of operation : 15th Sep 2008

Total no of rooms: 127 rooms
-72 Queen Size bedrooms ( 20sqm per room)
-50 Twin Bedrooms ( 20sqm per room)
-4 Deluxe rooms( 30sqm per room)
-1 President room ( 40sqm per room)

1 restaurant: 350sqm

Rental income: S$327000per month
Valuation : $55mils by Professional Valuer
Asking : $45mils
Rental returns: 8.72% base on $45mils

Currently is about 90% occupation rate since operation for 3months
Can be vaccant procession
Have a hotel operator willing to operate together

Perfect business opportunity for a profitable ongoing concern.
Posted By
veehoo
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Name: vee hoo
Region: Southern and Central Singapore
Country: Singapore
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