Spa for Sale in Singapore, Singapore
Established unisex luxury spa with 3,000+ customers for sale in Singapore.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 400 - 500 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Spas |
| Locations | Singapore |
| Local Time | 11:40 AM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
296 thousand
(Native Currency: SGD 380,000)
Reason: The owners want to retire from the business.
Includes physical assets worth
USD
78 thousand
Interested to connect with advisors
Documents
Introduction
(5.0 MB)
CaseTrust Accreditation
(3.6 MB)
Business Overview
1. A Singapore Police Force Licence and CaseTrust accredited, Category-I massage establishment located in Singapore.
2. We are premium-positioned unisex massage establishments nestled in an exclusive private estate.
3. Established 4 years back with a lean workforce of 7 full-time staff comprising of both local and foreign talent.
4. Currently, we have over 3,000 clients with turnover increasing at a rate of 40% per annum. Serve 10-20 clients per day.
5. Company has 4 owners with no outstanding loan or liability.
6. Great opportunity for investor to enter the lucrative massage establishment industry.
7. Good annual gross profit.
8. CaseTrust accredited with Letter of Commendation from CaseTrust for outstanding consumers payment protection.
9. We are one of the top 3 massage spas listed on Google within 2 kilometres radius. Our reviews on Google include many good ratings from overseas visitors as well.
10. Every month more than 80 new clients are added to our clientele which eventually become repeat visit customers.
2. We are premium-positioned unisex massage establishments nestled in an exclusive private estate.
3. Established 4 years back with a lean workforce of 7 full-time staff comprising of both local and foreign talent.
4. Currently, we have over 3,000 clients with turnover increasing at a rate of 40% per annum. Serve 10-20 clients per day.
5. Company has 4 owners with no outstanding loan or liability.
6. Great opportunity for investor to enter the lucrative massage establishment industry.
7. Good annual gross profit.
8. CaseTrust accredited with Letter of Commendation from CaseTrust for outstanding consumers payment protection.
9. We are one of the top 3 massage spas listed on Google within 2 kilometres radius. Our reviews on Google include many good ratings from overseas visitors as well.
10. Every month more than 80 new clients are added to our clientele which eventually become repeat visit customers.
Products & Services Overview
Our top services include:1. Aromatic oil massage.
2. Lymphatic oil massage.
3. Foot reflexology.
4. TCB gua-sha and cupping.
5. Professional ear cleaning.
Top selling service is lymphatic oil massage.
Clients include both local and foreign visitors.
Assets Overview
Tangible Assets.- Luxuriously renovated spa interiors worth SGD 420,000.
- Spa equipment, furniture and fittings worth SGD 100,000.
However, these are currently being quoted at SGD 380k.
Intangible Assets.
- Goodwill worth SGD 300,000.
- CaseTrust Accreditation.
- Singapore Police Force Massage Establishment Category One Licence.
- Ministry of Manpower Foreign Employee Quotas.
- Training of qualified masseurs.
- Potential to promote sales packages to customers and increase sales revenue.
- Potential to expand to include beauty treatment services including slimming, facial and hair therapy.
- Potential to offer Traditional Chinese Medicine (TCM) services which are insurance claimable.
- Potential to use the current setup as standard for future outlets.
- Time-saving of 6 months Lead-Time as setting up a fully operational massage establishment requires at least 6 months. Buyers can start earning money Immediately.
Facilities Overview
The business occupies the 1st Floor of a double-storey shophouse. The rented price of 2,400 sf consists of:- 7 single massage rooms with attached shower.
- 1 couple room with attached shower.
- 1 foot reflexology room.
- 2 luxurious toilets.
- 1 kitchenette.
- 1 massive 500m2 attic storeroom.
- All massage rooms are luxuriously decorated and equipped with an attached shower.
Capitalization Overview
- Business is self-funded.- 4 shareholders at 20, 20, 30 and 30 equity split.
- Buyers takeover the business in a new entity.
Recent Activity
-
Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Partner, Business Consulting, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Media Services, Singapore, Individual Investor / Buyer connected with the Business
Tags:
Massage Center for Sale in Singapore, Singapore
·Purchase Massage Center in Singapore, Singapore
·Buy Massage Center in Singapore, Singapore
·Spa for Sale in Singapore, Singapore
·Purchase Spa in Singapore, Singapore
·Buy Spa in Singapore, Singapore
·Massage Center for Sale
·Spa for Sale
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