Businesses For Sale in SingaporeSingapore

Listing ID: 4249
Total Viewed: 2625
Last Refreshed: 03/04/2018

RARE 7 Figure Revenue No-Frills Massage Chain For Sale!

Central Area, Singapore

Asking Price : SGD200K - 500K

Revenue: Above SGD1M

Cash Flow: SGD100K - 200K

Payable: Not Disclosed

Established: 2006

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Health Issue
Business Description

Profitable 7 Figure Sales Revenue Quick Massage Chain for Sale!

We are a unique no-frills Open-concept Quick Massage chain in Singapore. Using Automated Ticket System for Payment for easy monitoring. Unlike other competitors, we provide a quick relief massage to customers on the go such as Office Workers, Families and Children.

With the recent changes in Licensing Regulations in Singapore, we are positioned with a competitive edge over many. Don’t be caught off guard by the Latest Licensing Regulations when taking over an existing massage shop such as All massage shops must close by 10.30pm except in specific locations.

This is for the sale of a group of companies under a brand name. Assets include the following: 
- brand name and the goodwill thereof (inclusive of the registered Trademarks, etc) 
- Cat I License for all Outlets (Spa License)
- *NEW* Automated Computerized Package System 
- all fixed assets in the company's books
- all current assets in the company's books
- all the staff under the payroll of the company 
- leases, and the rights and obligations thereof, of the outlets at the various malls.
- Massage Techniques, SOPs + the Franchise Rights 
- websites, social media platforms such as FaceBook
- customer database 
- etc

Currently, we have 3 outlets in premium malls around Singapore.

The group of companies is being sold in its entirety, subject to terms and conditions.

WHY BUY THIS COMPANY? 
- Established brand name over a decade and good-will in the local health & wellness market. This means more open doors then starting a business from scratch. 
- Very scalable business with excellent growth opportunities within Singapore as well as through overseas expansion such as Franchise Opportunities. 
- Have a head-start on our unique massage techniques and SOPs. This gives you a tremendous advantage over competitors. 
- Competitive edge in the industry with the latest Licensing law in Singapore.
- Most of our staff possess Professional Massage Cert of ITEC Diploma in Holistic Massage Cert (UK).
- Minimise cost, Maximise profits - Possess the structure, staff, and infrastructure to be a big player overnight that would otherwise take you many years to build.

Business Operations
Business Hour:
11am - 9pm
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Premise Size:
0sqft
Rental Fee:
SGD0
Relocatable:
Yes, it can relocate to other place
Other Information
Expansion Potential:
Franchise Ready
Seller Financing Available:
Yes

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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