Year of Inception: 2016 Annual Revenue: $3.4 million Seller Discrepancy Earning: $400k Asking Price: SGD $6.5 million Reason for selling: Owner intends to pursue other interest Open to full/ majority stake sale
Fey Day presents a fitness brand that is revolutionising the industry. Over the last 6 years, they have established more than 15 outlets in Singapore, Asia and USA. The business is profitable, despite their rapid business growth. Their revenue model comes from owned outlets and franchise system.
Given the affordable price point and unique proposition, they have been able to attract more than 100,000 registered users. Every month, more than 10,000 unique individuals visit their outlets. Their franchising cost is affordable (compared to other franchisee) and makes it easy for one to achieve a positive ROI.
What to love about this business?
1. Average Revenue growth of 93% YoY over the past 4 years 2. Technology enabled global scalability 3. Capable management team 4. Incredible brand equity 5. Potential to penetrate new verticals and revenue stream 6. Resilient cashflow model
Owner is willing to stay and support the handover transition.
Business Operation
Rented office space
Facilities
International growth opportunity. The business has already expanded to other parts of Asia and US. Result has been very promising.
Expansion Potential
Owner is willing to stay on to support the transition. There is a capable team in place.
Support and Training
Fitness, Franchise Business Model, International Expansion, New Market Development, Technology
Singapore