SingaporeOverview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Investment Highlights
ü Established business with over 10 years of experience
ü Untapped opportunities to concentrate on Yoga teacher classes
ü Possible expansion into regional markets with strong brand name
ü Positive cash flows, with little day to day management required of owner
ü Can market business as regional training hub in APAC, introduce annual membership renewal fees
ü Established network of Yoga teachers who will continue teaching classes per current freelancer arrangement
Business Profile / Executive Summary
The business is in the health and fitness industry, operating primarily as a Yoga studio and also offering yoga classes to corporates, individuals and to kids as well. The training certificates issued by the business are certified by government organisations in Singapore.
The business’s target market covers a wide scope of the market in Singapore mainly working professionals, individuals, corporations and schools. There is a large number of customers from overseas market due to the studio’s brand name. The potential for expansion into regional markets is strong, especially in Japan, Korea, Australia and Europe due to its training certification recognition.
The current business owner intends to relocate overseas for retirement.
Key Financial Highlights
§ Revenue in FY20-21 was over $730K
§ EBITDA in FY20-21 over $160K
§ OPEX around 35%
§ Advertising and marketing expense over total sales is 7%
§ Actual financial performance surpassed FY21-22 forecast projections
§ Business has no debt or borrowings
Yoga Industry Information
Yoga has become one of the most popular fitness and mental health practices around the world, and its rapid growth is showing no signs of slowing.
Consumer awareness of the importance of health and fitness coupled with rapidly rising wealth, and mental health benefits expected to drive demand
Who is Suitable for?
ü Health and fitness organisations
ü Yoga teachers with management skills
ü Fitness business wanting to expand into yoga business
ü Entrepreneurs wanting a turn-key business with large domestic and regional expansion opportunities
Interested Parties
If you are interested to know more about this business opportunity, kindly message us here.
Alternatively you can reach us at +65 6950 1120
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