Italy Overview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Business Operations & Assets
Owner Role
Full Time
Premise Type
Commercial Street
Business Details
Reason For Sale
Focus on his core business
Description
Acquire and operate a ready-built 16-room Beauty World co-living platform, with existing rental traction, room-size-supported pricing, realistic setup value, long-term lease potential, ancillary revenue potential and upside from professional occupancy management.
The proposed structure is a business takeover with a long-term master lease. This allows the incoming operator to take over the fitted rooms, operating setup, tenant base and occupancy upside without purchasing the underlying property.
Details
Total rooms / studios: 16
Current occupancy Approx: 50%
Current occupied rooms Approx: 8 rooms
Current monthly revenue: Approx. S$24,000
Current rental range: Approx. S$2,500–S$2,800/month
Proposed structure: Business takeover + long-term lease
Approx. residential GFA: Approx. 3,660 sq ft
The property is located within an established Bukit Timah residential-commercial catchment.
Target Tenant Demand
Beauty World is a practical co-living location because it combines transport access, food and retail amenities, Bukit Timah address appeal, nearby residential estates, schools, private housing catchments and access to PIE, BKE and Upper Bukit Timah Road.
Estimated capex: Approx. S$400,000
The business has value because:
1. the rooms are already configured;
2. the location is strong;
3. there is existing rental traction;
4. the co-living model is supported by nearby operator benchmarks;
5. room-size comparison supports tiered pricing;
6. ancillary charges can improve cost recovery and margin;
7. the operator can improve occupancy and rental yield through professional management.
The proposed structure is a business takeover with a long-term master lease. This allows the incoming operator to take over the fitted rooms, operating setup, tenant base and occupancy upside without purchasing the underlying property.
Details
Total rooms / studios: 16
Current occupancy Approx: 50%
Current occupied rooms Approx: 8 rooms
Current monthly revenue: Approx. S$24,000
Current rental range: Approx. S$2,500–S$2,800/month
Proposed structure: Business takeover + long-term lease
Approx. residential GFA: Approx. 3,660 sq ft
The property is located within an established Bukit Timah residential-commercial catchment.
Target Tenant Demand
Beauty World is a practical co-living location because it combines transport access, food and retail amenities, Bukit Timah address appeal, nearby residential estates, schools, private housing catchments and access to PIE, BKE and Upper Bukit Timah Road.
Estimated capex: Approx. S$400,000
The business has value because:
1. the rooms are already configured;
2. the location is strong;
3. there is existing rental traction;
4. the co-living model is supported by nearby operator benchmarks;
5. room-size comparison supports tiered pricing;
6. ancillary charges can improve cost recovery and margin;
7. the operator can improve occupancy and rental yield through professional management.
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