Singapore  Singapore

Sell a Business

Listing ID: 673 Last Refreshed: 07/05/2019 Total Views: 11228

Largest Power Plate® Studio In Asia (Fitness/Health/Beauty)

Central Area

Asking Price: S$300,000
  • Premise Type N/A Premise Size 1773sqft
  • Monthly Rental S$9,000 Rental Desposit N/A
  • Revenue S$30,000 Cash Flow S$10,000
  • Gross Profit S$30,000 Net Profit S$10,000
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2009
  • Owner Role Full Time Staff 4
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Gwendolyn Thio
Email Owner

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.

Business Operation

Open Everyday
Business Hour
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
Facilities
Power Plate® is a niche market. There are only 2 other independent studios in Singapore. Both are much smaller compared to Croyez Studio.
Competition
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
Expansion Potential
Provided for 3 months
Supporting and Training
Keen interest for fitness, health & beauty
Background & Skills
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
Surrounded by greenery at Dempsey Hill. Very relaxing environment with complete glassfront view of greenery.
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
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