Singapore
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Overview
Financial Performance
Revenue
S$30,000
Gross Profit
S$30,000
Net Profit
S$10,000
Monthly Rentalt
S$9,000
Business Operations & Assets
Staff
1 Employees
Year of Incorporation
2009
Owner Role
Full Time
Premise Status
Rent
Premises Details
Surrounded by greenery at Dempsey Hill. Very relaxing environment with complete glassfront view of greenery.
Business Details
Reason For Sale
Relocation
Description
- Croyez (pronounced 'krwah-yay' means Believe) Studio has been around since 2009.
- We are the first & largest independent Power Plate® studio to offer private & group training. To know more about Power Plate®: http://www.powerplate.com/sg/
- Power Plate® helps to shape & tone in 40 minutes. Many foreign celebrities use this machine. Quite a number of local celebrities are our clients as well.
- We have more than 3000 clients in our database. 90% female (breakdown 40% expat, 30% tai-tais & 20% working crowd).
- We have our own in-house Master Trainer supported by 4 other Power Plate® certified trainers.
- I am relocating to another country & will not be able to continue running the business. Interested parties who want to know more information, please contact me on my mobile 91994961.
Facilities
13 Power Plate® machines which cost $18,000 per machine, fully paid up. Asset value: $252,000
1 NARL machine, fully paid up. Asset value: $20,000
5 Power Plate® certified trainers. Asset value: $25,000
Computer & in-house membership system. Asset value: $15,000
1 NARL machine, fully paid up. Asset value: $20,000
5 Power Plate® certified trainers. Asset value: $25,000
Computer & in-house membership system. Asset value: $15,000
Competition
Power Plate® is a niche market. There are only 2 other independent studios in Singapore. Both are much smaller compared to Croyez Studio.
Expansion Potential
Power Plate® is relatively new to the Asian market, although there are quite a number of studios in America & Europe. Therefore. it has great expansion possibilities
Buyer Support & Terms
Support and Training
Provided for 3 months
Background & Skills
Keen interest for fitness, health & beauty
Seller Financing
Yes, seller financing is available.
30% upfront down payment.
Remaining 70% to be paid over 7 months.
30% upfront down payment.
Remaining 70% to be paid over 7 months.
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