Listing Id: 23954
Last Refreshed: 07/10/2021
Total Views: 442
(Expired)** 2 Reformer Pilates Studios For Sale (Operating For > 10 Years With Loyal, Recurring Revenue) **
Bukit MerahGyms and Fitness Centers
Asking Price: S$1M - 5M
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$12,000
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Rental Desposit
N/A
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Revenue
S$50K - 100K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$20K - 50K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Relocating
Description
> Take over and start earning money immediately!
> Providing quality Reformer classes across 2 studios for > 10 years.
> Classes are overbooked all the time, current revenue can easily be doubled by increasing manpower.
> Proven sales model that brings in growing recurring revenue (despite multiple Covid closures) and new sales through word of mouth.
> Highly ranked website brings in constant stream of new sign ups everyday.
> Fully equipped with Reformers, Pilates chairs, Towers and other Pilates props for both studios. Well maintained furnishings.
> Website, booking system, instructor training guide, operations manuals and all studio processes are well tested in the last decade (including covid period) and will be passed on to the new owner. Training provided.
Difficult decision to sell the business as I have to relocate overseas.
Will spend time and effort to work with the new owner to ensure existing clients will be well taken off.
Singapore