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Listing ID: 673 Total Viewed: 8276

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

Central Area, Singapore

Asking Price : SGD300,000

Revenue: SGD30,000

Cash Flow: SGD10,000

Payable: Not Disclosed

Established: 2009

Gross Profit: SGD30,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD10,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 6

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
Relocation
Business 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 Operations
Business Hour:
Open Everyday
Preferred Skills:
Keen interest for fitness, health & beauty
Supporting and Training:
Provided for 3 months
Staff:
1 Local, 2 Foreigners, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1773sqft
Rental Fee:
SGD9,000
Premises Detai:
Surrounded by greenery at Dempsey Hill. Very relaxing environment with complete glassfront view of greenery.
Relocatable:
Yes, it can relocate to other place
Other Information
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
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
Seller Financing Available:
Yes

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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