Listing Id: 148
Total Views: 7292
(Sold) Profitable Cat 1 Spa With CaseTrust@Balestier
Singapore
Date Closed: 30/05/2013
Asking Price: S$148,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$5,615
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Rental Desposit
S$12,000***
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Revenue
S$38,000
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Liability
S$0
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Gross Profit
N/A
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Net Profit
S$10,000
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Stock
S$30,000***
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FFE
N/A
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Payable
S$0
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Receivable
S$0
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Owner Role
Part Time
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Staff
9
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Established
2005
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Source
Direct Seller
Reason For Sale
Family Commitment
Description
Profitable Cat 1 spa with CaseTrust accreditation operating for 7 Years.
7 treatments room with 3 couple rooms with shower and steam attached. 1 Jacuzz in couple room. 1 common shower.
Service includes Massage, Facial, Waxing
Data base of 4000 client base.
Regular customer base.
Operate immediate and good cash flow from Day 1 of taking over.
Fully renovated $100,000. Relaxing ambience.
Training will be provided
The new buyer will get the PIC grant of $30K over in Aug 13( I submitted 1 week of May ), another $15k PIC matching grant in Oct 13 and $5k in Jan 14. Price also included the rental deposits S$12k.
Business Operation
11am-10.30pm
Business Hour
1 months
Support and Training
Business Skills
Background & Skills
Property Information
24 months lease expire in August-2014
Lease Term
Singapore