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Listing ID: 148 Total Viewed: 2

Profitable Cat 1 Spa With CaseTrust@Balestier (Sold)

Singapore

Asking Price : SGD148,000

Revenue: SGD38,000

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2005

Gross Profit: Not Disclosed

Inventory: SGD30,000

Receivable: SGD0***

Owner Role: Part Time

Net Profit: SGD10,000

Liability: SGD0***

FFE: Not Disclosed

Staff: 12

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

***NOT included in asking price

Reason To Sell
Family Commitment
Business Description
  • Profitable Cat 1 spa  with CaseTrust accreditation operating for 7 Years. 
  • 7 treatments room with 3 couple rooms with shower and steam attached. 1 Jacuzz  in couple room. 1 common shower.
  • Service includes Massage, Facial, Waxing
  • Data base of 4000 client base. 
  • Regular customer base.
  • Operate immediate and good cash flow from Day 1 of taking over. 
  • Fully renovated $100,000. Relaxing  ambience. 
  • Training will be provided
  • The new buyer will get the PIC grant of $30K over in Aug 13( I submitted 1 week of May ), another $15k PIC matching grant in Oct 13 and $5k in Jan 14. Price also included the rental deposits S$12k. 
Business Operations
Business Hour:
11am-10.30pm
Preferred Skills:
Business Skills
Supporting and Training:
1 months
Staff:
9 Local, 3 Foreigners
Property Information
Premise Status:
Rent
Premise Size:
1485sqft
Rental Fee:
SGD5,615
Rental Deposit:
SGD12,000 (included in selling price)
Lease Term:
24 months lease expire in August-2014

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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