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Listing Id: 35668 Last Refreshed: 13/05/2025 5067 Views

Investment Opportunity: Take Over "Project Mars" – A Prime Co-Working Location

Closed
Asking Price S$200,000(Neg.)
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$18,000

Business Operations & Assets

Owner Role
Full Time
Premise Type
Commercial Street
Premise Size
3000 sqft / 279 sqm

Business Details

Reason For Sale

Owner wish to focus on his other businesses

Description

Bivety.sg | Whatsapp/Call: William 97218288|
Executive Summary
"Project Mars" presents a unique opportunity for investors or co-working operators to take over a fully fitted and strategically located co-working space near a MRT station in the north. The space is available for takeover from 1 June 2025. This opportunity does not include acquiring an existing business but provides access to a well-equipped location with modern infrastructure, minimizing capital expenditure (CAPEX) and allowing for an immediate operational launch.

Prime Location
Strategic Positioning: Located within a MRT station, "Project Mars" offers unparalleled accessibility for daily commuters and residents. This ensures a steady flow of potential users, including freelancers, students, startups, and small businesses.

Proximity to Key Landmarks: The location serves the western part of Woodlands New Town and is close to Woodlands Checkpoint, facilitating easy access for cross-border commuters and businesses.

Facility Overview
Fully Fitted Workspaces: Includes 20 communal hot desks, private studios, and meeting rooms that can accommodate up to 8 people, expandable to 20 with collapsible walls.
Turnkey-Ready Setup: The location is equipped with:
Enterprise-grade Wi-Fi
Charging ports
Air conditioning
Smart TVs
Phone booths
Printers
Lounge area

Financial Highlights
Revenue Streams: Potential income sources include hourly/daily rentals of hot desks, private studios, long-term leases, and meeting room bookings.
Competitive Pricing Advantage: The existing pricing model offers affordability while ensuring steady revenue generation. Operators can also customize pricing strategies to maximize returns.

Operational Advantages
Existing Infrastructure = Cost Savings: With fully furnished workspaces, high-speed internet, and modern office equipment already in place, new operators can avoid significant CAPEX investment.

Seamless Transition: The location is operationally ready, allowing new management to launch immediately on 1 June 2025 without downtime.

CAPEX Savings
Minimal Setup Costs: The space is already designed for co-working, reducing the need for extensive renovations or equipment purchases.
Established Foot Traffic & Awareness: As a well-known co-working location, "Project Mars" already enjoys local awareness, saving marketing costs for new operators.

Growth Potential
Community-Driven Expansion: The area provides an opportunity to build a thriving co-working community, attracting a diverse clientele from local businesses, startups, and cross-border professionals.

Service Expansion: Operators can introduce membership models, networking events, corporate partnerships, and exclusive amenities to drive long-term engagement.

Conclusion
Taking over "Project Mars" offers immediate entry into Singapore’s thriving co-working market without the overhead of setting up from scratch. With a prime location, modern amenities, and a strong potential user base, this is an excellent opportunity for investors and operators looking to maximize profitability with minimal CAPEX.
Takeover Date: 1 June 2025
Lease Expiry date: 31 March 2028

For further inquiries or to express your interest, please contact us at 9721 8288 or via WhatsApp at https://wa.me/6597218288.

For additional listings, visit our website at https://www.bivety.co/
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