Prime location Hotel For Sale

Prime location Hotel For Sale
FOR SALE
Asking Price$18,000,000
Revenue/Turnover$8900000
Cash Flow/Profit$300000
Established
AboutPrime location Hotel For Sale

Astro Hotel is a 3-story building with a 4th story rear extension comprising of 67 hotel rooms and suites. Astro is a boutique class tourist hotel that caters to travellers as well as local guests who require both short or long term affordable comfort accomodation business for sale. 

Location: 
Located at 51 Joo Chiat Road in the East Coast hub of Singapore, Astro is right in the middle of a bustling shopping, eating and tourist district of Joo Chiat and Changi Road. Tourist attraction Geylang Serai Malay Village is a 5-minute walk from the hotel. Astro Hotel is situated next to Joo Chiat Complex, housing various retail shops. A 4-story car park located behind Astro Hotel provides ample parking of 500 sheltered parking lots. Due to its close proximity and easy accessibility to the Changi International Airport and the city, Astro is well patronized by international guests who visit Singapore for both business and leisure purposes. 

StateSingapore CityCountry Singapore
Number of StaffOwnership free hold
Any Expansion potentialReasons for sellingBusiness purpose
Any Inventory / Stock valueIs this a home-based businessYes
PropertyTelephone
Business Location detailsNear The Main CityCompetition / Market
Trading hours10.am to 10 pmAny Support & training
Any Furniture / Fixtures?Any Living Accommodationyes
Can this business be relocated?NoIs this business part of a franchise?No
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