Listing Id: 1562
Last Refreshed: 26/05/2019
Total Views: 9458
(Sold) Established Yoga And Pilates Studio For Sale
Central AreaGyms and Fitness Centers
Asking Price: S$170,000
Business For Takeover
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- 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$54,000
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Rental Desposit
S$154,000
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Revenue
S$100K - 200K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$25,000
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Stock
N/A
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FFE
S$220,000***
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
8
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Established
2012
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Source
Direct Seller
Reason For Sale
Owner relocation
Description
Established Yoga and Pilates studio available for sale!
-Three years of operations;
-Central location at Orchard;
- Three studios inside for 50pax/42pax/7 pax capacity;
- Hot yoga;
-Awesome teachers team;
-More then 150 classes weekly;
-Revenue $1 500 000 in 2014;
-Profit $320 000 nett in 2014;
-Recently renovated and painted;
-Fully equipped with usa/german mats, blocks, props;
-Shower facilities;
-Reason for sale is relocation of owner
Enquire now!
Business Operation
Daily 7 am-10 pm
Business Hour
Provided
Support and Training
Not required
Background & Skills
Property Information
Leasing agreement 3+3. Just renewed for 3 years until December 2018
Lease Term
Newly renovated unit with showers.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore