Last Refreshed:
03/01/2019
Revenue:
Above SGD1M
Cash Flow:
SGD100K - 200K
Payable:
Not Disclosed
Established:
2006
Gross Profit:
SGD100K - 200K
Inventory:
Not Disclosed
Receivable:
Not Disclosed
Owner Role:
Part Time
Net Profit:
SGD50K - 100K
Liability:
Not Disclosed
FFE:
Not Disclosed
Staff:
Not Disclosed
Reason To Sell
Health Issue
Business Description
Profitable 7 Figure Sales Revenue Quick Massage Chain for Sale!
We are a unique no-frills Open-concept Quick Massage chain in Singapore. Using Automated Ticket System for Payment for easy monitoring. Unlike other competitors, we provide a quick relief massage to customers on the go such as Office Workers, Families and Children.
With the recent changes in Licensing Regulations in Singapore, we are positioned with a competitive edge over many. Don’t be caught off guard by the Latest Licensing Regulations when taking over an existing massage shop such as All massage shops must close by 10.30pm except in specific locations.
This is for the sale of a group of companies under a brand name. Assets include the following:
- brand name and the goodwill thereof (inclusive of the registered Trademarks, etc)
- Cat I License for all Outlets (Spa License)
- *NEW* Automated Computerized Package System
- all fixed assets in the company's books
- all current assets in the company's books
- all the staff under the payroll of the company
- leases, and the rights and obligations thereof, of the outlets at the various malls.
- Massage Techniques, SOPs + the Franchise Rights
- websites, social media platforms such as FaceBook
- customer database
- etc
Currently, we have 3 outlets in premium malls around Singapore.
The group of companies is being sold in its entirety, subject to terms and conditions.
WHY BUY THIS COMPANY?
- Established brand name over a decade and good-will in the local health & wellness market. This means more open doors then starting a business from scratch.
- Very scalable business with excellent growth opportunities within Singapore as well as through overseas expansion such as Franchise Opportunities.
- Have a head-start on our unique massage techniques and SOPs. This gives you a tremendous advantage over competitors.
- Competitive edge in the industry with the latest Licensing law in Singapore.
- Most of our staff possess Professional Massage Cert of ITEC Diploma in Holistic Massage Cert (UK).
- Minimise cost, Maximise profits - Possess the structure, staff, and infrastructure to be a big player overnight that would otherwise take you many years to build.
Business Operations
Property Information
Relocatable:
Yes, it can relocate to other place
Other Information
Expansion Potential:
Franchise Ready
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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