Singapore

Sell a Business

Listing ID: 4249 Last Refreshed: 07/05/2019 Total Views: 11314

RARE 7 Figure Revenue No-Frills Massage Chain For Sale!

Central Area

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue > S$1M Cash Flow S$100K - 200K
  • Gross Profit S$100K - 200K Net Profit S$50K - 100K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2006
  • Owner Role Part Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Derrick Lim
Email Owner

Reason For Sale

Health Issue

Description

Profitable 7 Figure Sales Revenue Quick Massage Chain for Sale!

We are a unique no-frills Open-concept Quick Massage chain in Singapore. Using Automated Ticket System for Payment for easy monitoring. Unlike other competitors, we provide a quick relief massage to customers on the go such as Office Workers, Families and Children.

With the recent changes in Licensing Regulations in Singapore, we are positioned with a competitive edge over many. Don’t be caught off guard by the Latest Licensing Regulations when taking over an existing massage shop such as All massage shops must close by 10.30pm except in specific locations.

This is for the sale of a group of companies under a brand name. Assets include the following: 
- brand name and the goodwill thereof (inclusive of the registered Trademarks, etc) 
- Cat I License for all Outlets (Spa License)
- *NEW* Automated Computerized Package System 
- all fixed assets in the company's books
- all current assets in the company's books
- all the staff under the payroll of the company 
- leases, and the rights and obligations thereof, of the outlets at the various malls.
- Massage Techniques, SOPs + the Franchise Rights 
- websites, social media platforms such as FaceBook
- customer database 
- etc

Currently, we have 3 outlets in premium malls around Singapore.

The group of companies is being sold in its entirety, subject to terms and conditions.

WHY BUY THIS COMPANY? 
- Established brand name over a decade and good-will in the local health & wellness market. This means more open doors then starting a business from scratch. 
- Very scalable business with excellent growth opportunities within Singapore as well as through overseas expansion such as Franchise Opportunities. 
- Have a head-start on our unique massage techniques and SOPs. This gives you a tremendous advantage over competitors. 
- Competitive edge in the industry with the latest Licensing law in Singapore.
- Most of our staff possess Professional Massage Cert of ITEC Diploma in Holistic Massage Cert (UK).
- Minimise cost, Maximise profits - Possess the structure, staff, and infrastructure to be a big player overnight that would otherwise take you many years to build.

Business Operation

11am - 9pm
Business Hour
Franchise Ready
Expansion Potential
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
Message

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