New Zealand

Sell a Business

Listing ID: 4896 Last Refreshed: 19/04/2019 Total Views: 12092

Co-Working Business For Takeover

Geylang

Asking Price: Under S$50K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$3,000 Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Leighton Prabhu
Email Owner

Reason For Sale

Owners are absent from Singapore

Description

Established small-scale co-working space with capacity for 16-20 pax in eastern Geylang, within 10-15 minutes on foot from the Paya Lebar area, as well as Dakota and Aljunied MRTs. Well serviced by bus routes as well. We're about halfway between the CBD and Changi Airport.

Situated in a traditional shophouse on a quiet street, the interior design is inspired by the British colonial period and features quality furniture, mostly teak wood pieces, combined with modern touches such as individual desk lamps and ergonomic seating. The fibre-optic Internet is blazingly fast. The space is also attractive for events such as seminars and offsite meetings. The main space can be re-arranged into a theatre format for such purposes.

The Founders are not able to focus on the business as they are abroad for most of the year. With more dedication, the business can really thrive. It has all the building blocks to be successful: reasonable lease cost, well established with good SEO, and listings on several coworking directories which provide constant leads. We have also been featured in several local media outlets, which point to our unique positioning in the Singapore coworking market, including on Singapore's main Chinese TV station. 

We are seeking a buyer who would take over the lease and running of the business. It could also be interesting for a small, growing company which is looking for a turnkey office. Purchase price will mainly involve the cost of furniture and fixtures. Flexible lease term. Ready for immediate sale. Cash buyers only.

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