Businesses For Sale in SingaporeSingapore

Listing ID: 14437
Total Viewed: 911
Last Refreshed: 16/10/2018

Pilates And Fitness Studio

Central Area, Singapore

Asking Price : S$500,000

Revenue: S$500,000

Cash Flow: S$140,000

Payable: SGD0***

Established: 2012

Gross Profit: SGD225,000

Inventory: SGD2,000

Receivable: SGD0***

Owner Role: Full Time

Net Profit: SGD140,000

Liability: SGD0***

FFE: SGD75,000

Staff: 5

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

***NOT included in asking price

Reason To Sell
Owner looking to gradually retire
Business Description

Owner and Master Instructor looking to sell business and gradually retire.  Excellent location in Central Singapore.  Well-equipped, attractive, modern studio with growing client base.  Good cash flow 

Business Operations
Business Hour:
8:30 am to 8:30 pm M-Sat
Preferred Skills:
Fitness education; Fitness studio manager
Staff:
1 Local, 4 Foreigners
Property Information
Premise Status:
Rent
Premise Size:
1350sqft
Rental Fee:
SGD6,500
Rental Deposit:
SGD18,500 (NOT included in selling price)
Lease Term:
2.5 years
Premises Detai:
Completely furnished and finished Pilates fitness studio with all equipment and supplies
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Five Stott Pilates reformers, one Stott Pilates Cadillac, spine corrector, chair, arc barrel, ten arches, numerous mats, balls,weights, rollers, etc.
Competition:
Other Pilates and fitness studios
Expansion Potential:
50% in this location; then add other locations

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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