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Singapore Serviced Aparthotel Business For Sale

Location  Singapore
Asking Price Range  < $250K
Gross Revenues  $450000
Net Profit / Cash Flow  $350000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2007
Number of Employees  6 - 9
Inventory  70000
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  Full training for all business systems.
Reason for Sale  Religious commitments.
Description  The Hotel Alternatives offers fully furnished and serviced rooms and apartments for sale, located in the city center of Singapore on Orchard Road. Surrounded by 5 Star Hotels, The Hotel Alternatives is the only accommodation service that is available at a budget price. We will show you our P&L statements to prove that this business is not only profitable but also is at the tip of it's success. We are looking for an entrepreneur who would like to own and manage his very own ApartHotel at an affordable fee of only US $150,000. You will be given business system setups and programs, a list of outsource staff, a list of clientŠle contacts, a list of our hospitality wholesaler contracts tied in at very good rates unavailable to the open market, a perfected website with very good online presence and branding in Asia. Our website features an online reservation system, online helpdesk system and online payment gateway system. Please email us directly if you are ready to be the owner of a very profitable business! Singapore has a thriving economy even when the rest of the world is in recession. The reason for the nation's economic prosperity is its strategic location which facilitates international trade. The Port of Singapore, the biggest and busiest in the world, is the backbone of Singapore trade. Singapore port is surrounded by key world economy players, including India to the west, Australia to the south-east, and Japan and China to the north. Recently with two newly built Casino and Integrated Resorts managed by Las Vegas Sands and Genting, tourism is set to peak even higher.
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