Listing Id: 29899
        
            Total Views: 956
        
    
    
        
(Sold) Spa for take over at City Gate
        Central Area
        Date Closed: 05/11/2023
        Asking Price: S$100,000
    
    
        
        
            
                
            
            
                
                    - Overview
 
                    - Reason For Sale
 
                    - Description
 
                
             
            
                Overview
                
                    
                        - 
                            Premise Type
                            
                            Shopping Mall
                        
 
                        - 
                            
                                Premise Size
                            
                            
                            1205 sqft / 112 sqm
                        
 
                        - 
                            
                                Monthly Rental
                            
                            
                            S$10,376
                        
 
                        - 
                            Rental Desposit
                            
                            N/A
                        
 
                        - 
                             Revenue
                            
                            S$80,000
                        
 
                        - 
                            Liability
                            
                            N/A
                        
 
                        - 
                             Gross Profit
                            
                            N/A
                        
 
                        - 
                            Net Profit
                            
                            S$35,000
                        
 
                        - 
                            Stock
                            
                            N/A
                        
 
                        - 
                            FFE
                            
                            N/A
                        
 
                        - 
                            Payable
                            
                            N/A
                        
 
                        - 
                            Receivable
                            
                            N/A
                        
 
                        - 
                            Owner Role
                            
                            Full Time
                        
 
                        - 
                            Staff
                            
                            N/A
                        
 
                        - 
                            Established
                            
                            N/A
                        
 
                        - 
                            Source
                            
                            Direct Seller
                        
 
                    
                 
             
            
                Reason For Sale
                
                    Reason to let go, because this space is too small for us, we moving to a bigger place
                
             
            
                Description
                
                    *City Gate Profitable Premium Cat 1 Massage Establishment for takeover!*
Reason to let go, because this space is too small for us, we moving to a bigger place 
Unit Area: 1205 sqft
Monthly Rental: $10,376
Lease End: Nov 2023 (Renewable)
Room Info:
- 7 Treatment Rooms (including 2 convertible couple rooms)
- 4 Foot Massage Seats
- 1 Consultation Room
- 1 Shower room
Monthly Revenue: Average $70k to $80k (Peak months at $100k)
Well renovated and fully furnished in 1205 sqft space!