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Listing Id: 31317 Last Refreshed: 01/07/2024 1802 Views

Proftiable Massage Chain Business For Sale

Expired
Asking Price S$4,500,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$450,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$40,000

Business Operations & Assets

Staff
53 Employee
Year of Incorporation
2011
Owner Role
Full Time
Premise Type
Shopping Mall
Premise Size
4306 sqft / 400 sqm
Rental Deposit
S$120,000
Premises Details
7 to 12 years in existing location

Business Details

Reason For Sale

Retire

Description

Very profitable and established massage chain for Takeover

- Business operating for 12 years
- Monthly revenue of $400k to $500k
- All 3 shops are Cat 1 Licence
- 3 Locations (150sqm, 170sqm and 400sqm)
- Staff Lodging Unit 168sqm
- Total 53 staff including masseurs
- Total Rental Cost $40k per month
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