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Spa for Sale in Singapore

Acquire a successful premium spa in central Singapore with a client base of over 40,000.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.32 million
Run Rate Sales USD 1.32 million
EBITDA Margin 40 %
Industries Spas
Locations Singapore
Local Time 9:45 AM Asia / Singapore
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.33 million (Native Currency: SGD 3,000,000)
Reason: The promoter is looking to focus on another venture. The advisor does not charge any upfront or suc... View More
Includes physical assets worth USD 390 thousand
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Business Name
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Business Overview
- The spa enjoys a prime location in central Singapore, attracting mass affluent consumers and generating an impressive annual revenue of SGD $1.7 million.
- With 16 years of promoter experience, the spa has cultivated a loyal client base of 40,000+ customers, bolstered by over 1,000 positive online reviews.
- The spa operates with a strong revenue model comprising 70% pay-per-use and 30% package purchases, ensuring a consistent cash flow.
- Boasting owner's discretionary earnings of SGD $770k, this business offers substantial profitability for potential investors.
- The spa’s top service, body massage, complements its thoughtfully designed and well-maintained facilities, enhancing customer satisfaction.
- Hires part-time and contractual employees during peak times to meet demand efficiently.
- Ranked on the top page of Google Search due to effective SEO strategies, the spa benefits from high online visibility and strong brand equity in a niche market.
- The business presents a scalable opportunity, with plans to open additional outlets in Singapore and expand into markets such as Malaysia, Thailand, Vietnam, and Australia.
- ACRA-certified and government-licensed spa, fully authorized to operate.
Products & Services Overview
Top selling service: Body massage.
Customer profile: Consumers in the mass affluent segment (male & female)
Mode of consumption: Alarte Carte and package purchase.
Assets Overview
The tangible assets include: operational assets, furniture, inventory of retail products, and all fixtures and fittings.
Intangible assets include:
Full ownership of the business entity, trademark, license, customer database, digital assets operational work procedure (SOP) and the team.
Facilities Overview
Operates from a rented facility, located in a shophouse, with an area of 3,600 sqft.
Capitalization Overview
No loans.
Promoter owns 100% of the company.
The company has a 45% operational profit margin before deducting owners' salary and tax.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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