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Prime location Hotel For Sale
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Singapore, Singapore City
Asking: $18,000,000Sales Revenue: $8900000Net Profit: $300000
Details
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. 
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Business Location DetailsNear The Main City
Reasons For SellingBusiness purpose
CountrySingaporeStateSingapore City
No. of StaffN/AOwnershipfree hold
Expansion PotentialN/ACompetition / MarketN/A
Inventory / Stock valueN/AIs it home-based?Yes
PropertyN/AEstablished YearN/A
Trading hours10.am to 10 pmSupport & TrainingN/A
Furniture / Fixtures?N/ALiving Accommodationyes
Can this business be relocatedNoIs it part of a franchise?No
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