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Businesses For Sale   >>   Singapore Businesses For Sale

Budget Hotel For Sale

Location  Singapore
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1996
Number of Employees  100 - 200
Relocatable  Not Disclosed
Number of Employees  100 - 200
Real Estate  Owned
Training  Internal.
Reason for Sale  Divest non core.

Description  
Freehold 7 storey hotel comes with restaurant & spa, strategic location, 24 hours shopping, 2 minutes walk from MRT, 5 minutes to City, ample parking space available. Buyer can jointly re-develop vacant land usedd as car-park presently owned by Hotel. Current rental yield is 5-6% excluding operating profits of hotel, if profits is added, yield is around 10%. Depending on creditability of buyer, bank can finance up to 100% of purchase price of S428.8 million. Contact for more information on this Hotel for sale.


Click Here To Contact Seller


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