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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Singapore Businesses For Sale Categories   >>   

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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