Singapore  Singapore

Sell a Business

Listing ID: 14437 Last Refreshed: 24/05/2019 Total Views: 6597

Pilates And Fitness Studio

Central Area

Asking Price: S$500,000
Pilates And Fitness Studio
  • Premise Type N/A Premise Size 1350sqft
  • Monthly Rental S$6,500 Rental Desposit S$18,500
  • Revenue S$500,000 Cash Flow S$140,000
  • Gross Profit S$225,000 Net Profit S$140,000
  • Stock S$2,000*** Liability S$0
  • Payable S$0 Receivable S$0
  • FFE S$75,000*** Established 2012
  • Owner Role Full Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
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Reason For Sale

Owner looking to gradually retire

Description

Owner and Master Instructor looking to sell business and gradually retire.  Excellent location in Central Singapore.  Well-equipped, attractive, modern studio with growing client base.  Good cash flow 

Business Operation

8:30 am to 8:30 pm M-Sat
Business Hour
Five Stott Pilates reformers, one Stott Pilates Cadillac, spine corrector, chair, arc barrel, ten arches, numerous mats, balls,weights, rollers, etc.
Facilities
Other Pilates and fitness studios
Competition
50% in this location; then add other locations
Expansion Potential
Fitness education; Fitness studio manager
Background & Skills

Property Information

Rent
Premise Status
2.5 years
Lease Term
Completely furnished and finished Pilates fitness studio with all equipment and supplies
Premises Details
Yes, it can relocate to other place
Relocatable
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