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Listing Id: 14437 Last Refreshed: 24/05/2019 Total Views: 11123

Pilates And Fitness Studio

Central AreaGyms and Fitness Centers
Asking Price: S$500,000
Business For Takeover
Look For Investor
Look For Partner
Email Owner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$6,500
  • Rental Desposit S$18,500
  • Revenue S$500,000
  • Liability S$0
  • Gross Profit S$225,000
  • Net Profit S$140,000
  • Stock S$2,000***
  • FFE S$75,000***
  • Payable S$0
  • Receivable S$0
  • Owner Role Full Time
  • Staff 1
  • Established 2012
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner looking to gradually retire

Description

Owner and Master Instructor looking to sell business and gradually retire. Excellent location in Central Singapore. Well-equipped, attractive, modern studio with growing client base. Good cash flow

Business Operation

8:30 am to 8:30 pm M-Sat
Business Hour
Five Stott Pilates reformers, one Stott Pilates Cadillac, spine corrector, chair, arc barrel, ten arches, numerous mats, balls,weights, rollers, etc.
Facilities
Other Pilates and fitness studios
Competition
50% in this location; then add other locations
Expansion Potential
Fitness education; Fitness studio manager
Background & Skills

Property Information

Rent
Premise Status
2.5 years
Lease Term
Completely furnished and finished Pilates fitness studio with all equipment and supplies
Premises Details
Yes, it can relocate to other place
Relocatable
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