Leading Integrative Wellness Studio Business for Sale
Age of business: ~7 years
Annual revenue: SGD $550k
EBIT: SGD $120k
Indicative Price: SGD $650k (Exclude working capital and inventory)
Location of Business: Singapore
Seller Financing: Minority
Reason for selling: Relocation and change of personal priorities
Post Acquisition: Owner offers 6 to 12 months of consultancy for knowledge transfer
Fey Day presents a profitable niche business that has high growth potential in the integrated wellness space. This business currently has a well-designed 1,150 sqft studio in the central Singapore and has been growing YoY for the last 7 years (CAGR 20%). It has 10,000 + customer database, with 5,500 + active annual paying clients and strong retention among repeat clients and generate revenue from classes, corporate program and retail sales. It has established a prominent brand positioning in this niche.
It has a fully operational team that consist of an experienced hired management and a team of experienced freelance instructors. (Paid on the hourly rate, and has been with the company for 4 - 6 years) Fully bootstrapped with no debt or external funding, generating consistent positive cash flows and requiring minimal day-to-day owner involvement.
Growth Opportunities:
1. Retail Expansion
2. Digital Ecosystem
3. Additional Outlets
4. Corporate Partnerships
Whether you are looking to buy business in Singapore or sell business in Singapore, let's have a chat with a business broker in Singapore today!