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Spa Investment Opportunity in Ho Chi Minh City, Vietnam

Recently launched health and wellness app that aggregates masseuses and has a 50% commission.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 24 thousand
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Ho Chi Minh City
Local Time 8:08 PM Asia / Ho Chi Minh
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 500 thousand for 16.0% stake (Native Currency: USD 500,000)
Reason: We require funds to inject into marketing. The app has started earning revenue and will realize its... View More
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Business Overview

- Mobile app that connects people with masseuses.

- Platform earns revenue by charging a 50% fee on the total bill amount.

- Third-party massage therapists, we do a preliminary screening of the therapists.

- Both iOS and Android apps were launched last month.

- 100% in-house development of the apps.

- Have used digital marketing tools like SEO and social media marketing.

- Target audience is Saigon, then we shall roll out in major cities of Vietnam and Southeast Asian countries.

- 61 registered therapists, and have displayed only 12 on the app to control the demand and supply on the app.

- The CEO owns 57.5%, CTO owns 7.5%, COO owns 7.5%, CFO owns 5%, CMO owns 5%, one partner with 6.5%, another with 1%, and there is an optional equity pool of 10%.

- The company has an outstanding bank loan of almost USD 15,000.

Products & Services Overview

Mobile app that connects people with masseuses.

Assets Overview

The business does not own any physical assets.

Facilities Overview

We have a rented office in Ho Chi Minh, Vietnam. The team works remotely and occasionally works from the office as well.

Recent Activity
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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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