Listing Id: 31317
Last Refreshed: 01/07/2024
Total Views: 1750
(Expired)Proftiable Massage Chain Business For Sale
Central AreaSPAsMassage and Foot Reflexology
Asking Price: S$4,500,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
4306 sqft / 400 sqm
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Monthly Rental
S$40,000
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Rental Desposit
S$120,000
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Revenue
S$450,000
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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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
53
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Established
2011
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Source
Broker
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
Property Information
7 to 12 years in existing location
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore
