Indonesia
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Overview
Financial Performance
Revenue
$100K - 200K
Gross Profit
$50K - 100K
Net Profit
$50K - 100K
Monthly Rentalt
$6,000
Business Operations & Assets
Stock
$300,000
Price Included
FFE
$7,000,000
Price Included
Staff
35 Employee
Year of Incorporation
2012
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street
Premise Size
9688 sqft / 900 sqm
Rental Deposit
$10,000
Business Details
Reason For Sale
Retiring
Description
- We have 3 retail spa locations in Bali with 35 full-time staff. 2 locations have been open for 12 years, since 2012 and the new location will be open this year. All are in prime locations.
- All locations are successful and profitable, and we have won multiple awards over the years namely Bali spa of the year (Yak awards) and Asia medi-spa of the year (AsiaSpa awards).
- Our clients are from around the world, mainly from Russia, Europe, UK, the USA, and Australia. They are very loyal with more than 30% as repeat and referral.
- We have hundreds of 5 star client reviews.
- The average ticket size per customer is around USD $200 to $2,000.
- All systems and records are online so can be managed from abroad or while travelling.
- Owner is not required to be a Doctor or have medical qualifications.
- A second family brand is operated by the same owner "Cocoon Wellness Spa", with spas in Maldives, Bahrain, Amsterdam and Milan. This is also available to be part of the sale.
- One Director and owner.
- All locations are successful and profitable, and we have won multiple awards over the years namely Bali spa of the year (Yak awards) and Asia medi-spa of the year (AsiaSpa awards).
- Our clients are from around the world, mainly from Russia, Europe, UK, the USA, and Australia. They are very loyal with more than 30% as repeat and referral.
- We have hundreds of 5 star client reviews.
- The average ticket size per customer is around USD $200 to $2,000.
- All systems and records are online so can be managed from abroad or while travelling.
- Owner is not required to be a Doctor or have medical qualifications.
- A second family brand is operated by the same owner "Cocoon Wellness Spa", with spas in Maldives, Bahrain, Amsterdam and Milan. This is also available to be part of the sale.
- One Director and owner.
Facilities
Fit out, furnishings, machines and supplies of 3 large aesthetic medical clinics:
1. 900sqm
2. 250sqm
3. 250sqm
Including $700k in furnishings and fitouts and $300k in machines, supplies
1. 900sqm
2. 250sqm
3. 250sqm
Including $700k in furnishings and fitouts and $300k in machines, supplies
Competition
There are many independent and new clinics, but we are one of the Top 3 in the whole of Bali with the solid reputation and experience. We are the highest selling medical centre for Botox in Bali.
Expansion Potential
The sale comes with the rights to use the name Cocoon Medical Spa and Cocoon Wellness Spa throughout the world. There are many expansion possibilities including the current model with partnerships of luxury hotels. Also there is possibilities for franchising and licensing.
Buyer Support & Terms
Support and Training
A 3 month training period will be given and if existing staff are retained then the handover will be very easy as the entire staff and top management are fully trained and understand the business.
Background & Skills
Business and finance
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