Listing ID: 15328
Last Refreshed: 07/05/2019
Total Views: 2485
***Rare Cat 1*** Established Massage Business In Singapore For Sale
Asking Price: S$350,000
Reason For Sale
Owner is retiring
- Fully fitted and renovated massage centres in district 10 Singapore.
- 4 outlets in total
- Well established with more than 10,000 customers base
- Rare Category 1 licensing (allows you to employ foreigners)
- A Team of experienced staff, centres operate on auto-pilot mode
- Casetrust accredited
- Average monthly revenue of $100,000
- Average month net profit of $10,000
- Rental $20,000 monthly
11am to 9pm daily including PH
Fully Equipped Massage rooms with Recliner Chairs
All renovation done up with FSC approval
Yes, can be expanded or even franchise depending on the new owner's direction
Yes, both support and training will be provided for new owner
Supporting and Training
Preferred new owner to be familiar in the same industry. Otherwise zero knowledge is possible also as minimal work is require for owner's role.
Background & Skills
Premise size is estimated as we have a total of 4 outlets.
Rental fee of $20,000 is total for 4 outlets.
Rental deposit will be zero as it is not inclusive in the selling price
Lease term is between 1-2 years remaining for all 4 outlets
Yes, it can relocate to other place
Yes, it can work at home