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Listing Id: 148 Total Views: 7284

(Sold) Profitable Cat 1 Spa With CaseTrust@Balestier

Singapore

Date Closed: 30/05/2013

Asking Price: S$148,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$5,615 Rental Desposit S$12,000***
  • Revenue S$38,000 Liability S$0
  • Gross Profit N/A Net Profit S$10,000
  • Stock S$30,000*** FFE N/A
  • Payable S$0 Receivable S$0
  • Owner Role Part Time Staff 9
  • Established 2005 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price

Reason For Sale

Family Commitment

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 Operation

11am-10.30pm
Business Hour
1 months
Support and Training
Business Skills
Background & Skills

Property Information

Rent
Premise Status
24 months lease expire in August-2014
Lease Term

Supporting Document

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