SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Business Operations & Assets
Owner Role
Full Time
Business Details
Reason For Sale
Focus on other businesses
Description
Approx. 6,000 sqft | Rent Only S$15,000/month | CAT 1 Approved | No Demerit Points | Recently Renovated | 100+ Online Reviews
A rare opportunity to acquire an established large-format spa and wellness operation in Western Singapore, occupying approximately 6,000 sqft at a monthly rental of only S$15,000.
At approximately S$2.50 psf per month, the rental economics are particularly attractive for a space-intensive wellness concept.
More importantly, this is not a conventional massage outlet.
The premises have been extensively fitted as a full-scale wellness destination incorporating substantial wet facilities, treatment areas and customer amenities that would be costly and time-consuming to reproduce from scratch.
Key Investment Highlights
- Approx. 6,000 sqft
- Approx. S$15,000 monthly rent
- Equivalent to only approx. S$2.50 psf/month
- Category 1 approved spa
- No demerit points
- Established operating track record
- More than 100 online customer reviews
- Major renovation completed only approximately 3 years ago
- Extensive existing spa and wellness infrastructure
- Established Taman Jurong / Western Singapore customer catchment
- Significant savings in both capex and setup time for an incoming operator
- A Full-Scale Wellness Facility
The existing premises include an unusually extensive range of facilities, including:
- Multiple massage and treatment rooms
- Hot and cold pools
- Jacuzzi
- Sauna
- Foot reflexology areas
- Facial and beauty treatment capability
- Male and female changing facilities
- Shower and wet areas
- Relaxation lounge
- Movie/lounge facilities
- Dining / food service facilities
- Reception and supporting operational areas
Significant Replacement Capex
One of the strongest aspects of this opportunity is the amount of infrastructure already in place.
A 6,000 sqft spa of this nature requires considerably more than ordinary commercial renovation, with substantial expenditure typically going into:
- Wet works and waterproofing
- Plumbing and drainage
- Hot/cold pools
- Jacuzzi systems
- Sauna
- Mechanical and electrical works
- Treatment rooms
- Shower and changing facilities
- Air-conditioning and ventilation
- Flooring and finishes
- Reception and customer areas
- Furniture, fittings and equipment
Given the scale and specialised nature of the premises, I would position the indicative replacement fit-out cost at approximately S$1 million, potentially more depending on specifications.
Established Operating Platform
The business has operated in Taman Jurong since 2015 and has developed an established market presence over the years.
For an incoming spa operator, this represents the opportunity to take over:
premises + fit-out + operating infrastructure + customer awareness + existing online footprint
rather than spending substantial capital and time establishing a completely new location.
Regulatory Position
The existing operation is a Category 1 approved spa with no demerit points, providing an established compliance track record for the current operator.
This is particularly relevant to industry buyers because a large, comprehensively fitted spa represents a very different acquisition proposition from taking over an ordinary retail unit and attempting to establish a new wellness operation from scratch.
Any incoming buyer will of course be responsible for satisfying the applicable licensing and regulatory requirements under the eventual transaction structure.
Why This Opportunity Is Difficult to Replicate
There are four particularly attractive components:
1. Scale
Approximately 6,000 sqft provides sufficient space to operate as a destination wellness concept rather than merely a treatment-room business.
2. Rental
At approximately S$15,000 per month, occupancy cost is only around S$2.50 psf.
3. Infrastructure
Extensive wet facilities and specialised spa infrastructure are already installed, with the premises renovated approximately three years ago.
4. Operating Track Record
The existing operation brings years of market presence and an established online customer footprint.
For the right operator, therefore, the acquisition should be assessed not simply on the existing P&L, but also against the capital, time and execution risk required to recreate an equivalent facility elsewhere.
Suitable Buyers
This opportunity may particularly suit:
Established massage and spa groups seeking expansion
Wellness operators looking for a Western Singapore flagship
TCM and health/wellness groups
Regional spa operators entering Singapore
Beauty and wellness groups seeking a larger integrated facility
Existing operators wishing to consolidate smaller outlets
Investors partnering with an experienced spa operator
There may also be considerable scope to further optimise approximately 6,000 sqft through complementary wellness, beauty, health or membership concepts, subject to applicable approvals.
Serious enquiries from financially qualified buyers and established industry operators are welcomed.
A rare opportunity to acquire an established large-format spa and wellness operation in Western Singapore, occupying approximately 6,000 sqft at a monthly rental of only S$15,000.
At approximately S$2.50 psf per month, the rental economics are particularly attractive for a space-intensive wellness concept.
More importantly, this is not a conventional massage outlet.
The premises have been extensively fitted as a full-scale wellness destination incorporating substantial wet facilities, treatment areas and customer amenities that would be costly and time-consuming to reproduce from scratch.
Key Investment Highlights
- Approx. 6,000 sqft
- Approx. S$15,000 monthly rent
- Equivalent to only approx. S$2.50 psf/month
- Category 1 approved spa
- No demerit points
- Established operating track record
- More than 100 online customer reviews
- Major renovation completed only approximately 3 years ago
- Extensive existing spa and wellness infrastructure
- Established Taman Jurong / Western Singapore customer catchment
- Significant savings in both capex and setup time for an incoming operator
- A Full-Scale Wellness Facility
The existing premises include an unusually extensive range of facilities, including:
- Multiple massage and treatment rooms
- Hot and cold pools
- Jacuzzi
- Sauna
- Foot reflexology areas
- Facial and beauty treatment capability
- Male and female changing facilities
- Shower and wet areas
- Relaxation lounge
- Movie/lounge facilities
- Dining / food service facilities
- Reception and supporting operational areas
Significant Replacement Capex
One of the strongest aspects of this opportunity is the amount of infrastructure already in place.
A 6,000 sqft spa of this nature requires considerably more than ordinary commercial renovation, with substantial expenditure typically going into:
- Wet works and waterproofing
- Plumbing and drainage
- Hot/cold pools
- Jacuzzi systems
- Sauna
- Mechanical and electrical works
- Treatment rooms
- Shower and changing facilities
- Air-conditioning and ventilation
- Flooring and finishes
- Reception and customer areas
- Furniture, fittings and equipment
Given the scale and specialised nature of the premises, I would position the indicative replacement fit-out cost at approximately S$1 million, potentially more depending on specifications.
Established Operating Platform
The business has operated in Taman Jurong since 2015 and has developed an established market presence over the years.
For an incoming spa operator, this represents the opportunity to take over:
premises + fit-out + operating infrastructure + customer awareness + existing online footprint
rather than spending substantial capital and time establishing a completely new location.
Regulatory Position
The existing operation is a Category 1 approved spa with no demerit points, providing an established compliance track record for the current operator.
This is particularly relevant to industry buyers because a large, comprehensively fitted spa represents a very different acquisition proposition from taking over an ordinary retail unit and attempting to establish a new wellness operation from scratch.
Any incoming buyer will of course be responsible for satisfying the applicable licensing and regulatory requirements under the eventual transaction structure.
Why This Opportunity Is Difficult to Replicate
There are four particularly attractive components:
1. Scale
Approximately 6,000 sqft provides sufficient space to operate as a destination wellness concept rather than merely a treatment-room business.
2. Rental
At approximately S$15,000 per month, occupancy cost is only around S$2.50 psf.
3. Infrastructure
Extensive wet facilities and specialised spa infrastructure are already installed, with the premises renovated approximately three years ago.
4. Operating Track Record
The existing operation brings years of market presence and an established online customer footprint.
For the right operator, therefore, the acquisition should be assessed not simply on the existing P&L, but also against the capital, time and execution risk required to recreate an equivalent facility elsewhere.
Suitable Buyers
This opportunity may particularly suit:
Established massage and spa groups seeking expansion
Wellness operators looking for a Western Singapore flagship
TCM and health/wellness groups
Regional spa operators entering Singapore
Beauty and wellness groups seeking a larger integrated facility
Existing operators wishing to consolidate smaller outlets
Investors partnering with an experienced spa operator
There may also be considerable scope to further optimise approximately 6,000 sqft through complementary wellness, beauty, health or membership concepts, subject to applicable approvals.
Serious enquiries from financially qualified buyers and established industry operators are welcomed.
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