Listing Id: 670
Total Views: 21115
(Sold) Established Curves For Sale. Top Fitness Franchise. Low Investment.
Marine Parade
Date Closed: 21/04/2017
Asking Price: Under S$50K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$0
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Rental Desposit
S$1,000,000
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Revenue
S$10K - 20K
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Liability
N/A
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Gross Profit
Under S$5K
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
2
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Established
2007
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Source
Direct Seller
Reason For Sale
A new owner, or owners, with fresh energy and enthusiasm and the time and commitment is needed. Then the club’s excellent potential can be tapped, taking Curves Marine Parade to the next level. There is potential to have over 20 Curves in Singapore.
Description
Curves, Marine Parade is part of a United States based franchise with over 6,000 outlets worldwide in over 80 countries. It is one of the largest fitness franchises in the world and is headquartered in Waco, Texas in the United States.
What We Do
Curves is a women-only, circuit training gym that provides a 30-minute workout that combines strength and cardio exercise. The strength-training component utilizes hydraulic resistance machines, which means no weight stacks to manage, and the entire routine is set to lively music. The hydraulic machines also provide cardio.
Curves, Marine Parade opened on 23 July 2007. It is part of the growing Malaysian/Singapore group. Curves, Marine Parade has established a reputation for outstanding service and providing a comfortable environment for all women. Our outstanding service is noted by both members and visitors. Our coaches ensure our members get a complete workout in the circuit, safely but maximizing their effort at their particular fitness level. This factor is the reason behind our solid reputation. Curves encourages a family friendly atmosphere and work/life balance, as seen in our hours.
english.curves.com
https://www.facebook.com/pages/Curves-Marine-Parade-Singapore/493968383953692?ref=br_tf
https://www.facebook.com/pages/Curves-Marine-Parade-Singapore/493968383953692
Business Operation
Monday to Friday: 8:30am to 1:00pm (last workout, 12:30pm), 4:00pm to 8:00pm (last workout, 7:30pm). Saturday: Open half day from 8:30am to 1:00pm (last workout, 12:30pm). Closed on Sundays and Public Holidays.
Business Hour
There are other gyms near the Marine Parade area, but Curves is the first and biggest franchise in the world to provide a women-only, circuit training gym that provides a 30-minute workout. While many have tried, no serious competitor has emerged to challenge our supremacy in serving the women's fitness and weight-loss markets.
Competition
There is potential to have over 20 Curves in Singapore.
Expansion Potential
Yes, this is franchise business.
The new owner most likely would sign a 5-year Franchise Agreement (FA), but it may be possible to finish the current owner’s 3 years remaining on his FA. You could not own or operate similar businesses while owning a Curves. Of course, you can own other Curves franchises.
Curves headquarters requires minimum of 75000 US Dollar net worth. Of that, a minimum of 15000 US Dollars should be in cash (checking account or related). Franchise HQ also requires: Business plan; Resume Personal financial statement.
Franchise
As an established franchise, support is strong and sophisticated. You will have access to Club Development Team at USA HQ, Mentor Club Visit, Club Camp and certification program. You’ll feel comfort with every aspect of running your Curves before you ever begin. In addition, seller will provide appropriate support during transition. As the owner/manager for almost seven years, he has gained much knowledge and insight. Then you have ongoing support such as online access to tools, an Area Director out of Kuala Lumpur, and area support meetings. For Marketing & Product Support, there is new corporate ownership at HQ in USA that will provide marketing and product initiatives.
Support and Training
Most likely a woman, with an outgoing personality who loves to work with women to help them reach their fitness goals. However, a man can be an owner but operational manager should probably be a woman.
Background & Skills
Property Information
Lease is good until 30 November 2014.
Lease Term
Yes, it can relocate to other place
Relocatable
Singapore