18 room capsule hotel with equipped cafe and spare shop front for massage parlour. Main road exposure 2kms from airport station. 3+3 years lease with option to extend.
- Asking Price:
- Under $100K (USD) Furniture / Fixtures included
- Sales Revenue:
- On request
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3+3 With extension option
- Leasehold Rent:
-
$11,000 (USD) per annum
- Location:
-
Main road exposure located 2km from airport line. Many food outlets, 7-Eleven, gyms nearby. Local area with good connections.
- Premises Details:
-
Why rent a bed in a multi room dor, when for a similar price, you get your own private room.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Potential to expand offering to rooftop, open massage parlour in spare shopfront, expand hours in cafe (currently 10am -5pm. Obtain liquor license.
- Competition / Market:
-
Minimal competition in the area. Only 1 other property within 1 km.
- Reasons for selling:
-
Business established for resale.
- Trading hours:
-
Cafe 10am-5pm. Capsule 24/7 with self checkin avaialble.
- Employees:
- 1
- Years established:
- 1
Other Information
- Furniture / Fixtures value:
- $5,000 (USD) - included in the asking price
