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#Business ID: 10387

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Largest Power Plate Studio in Asia (2 Branches)

Business Location: Singapore

Asking Price: $ 500k to 1m Revenue: $ 500k to 1m Cash Flow: $ 0 to 100k

[Furniture / Fixtures included]

Business Summary

First to bring Power Plate® group workouts to Singapore, Croyez (pronounced 'krwah-yay') Studio is currently the largest Power Plate®-centric studio in Asia. It is also the only studio in Singapore to provide NARL® and Hypoxi® therapy, popular treatments which were only once available overseas.

The 2 studios (Dempsey & Purvis) are centrally located, offering highly effective 40-minutes private and group training for individuals and working professionals.

Please contact us for information on this business for sale.

Property Details

Years Established:

2.5

Property Type:

Lease

FF&E:

$ 400,000

Other Business Details

Business Location:

Croyez@Dempsey: Blk 8D Dempsey Rd #03-06 S(249672) Nestled amidst the lush greenery of Dempsey Hill. Only 10 minutes away from Orchard MRT and a hop and skip away from some of Singapore's luxurious amenities. Croyez@Purvis: 8 Purvis St #02-01 S(188587) 2nd storey of conserved shophouse. close proximity to the heart of the city.

Expansion Potential:

Power Plate® is very well-known in USA & Europe. Many pro-athletes and celebrities use it as a means to shape up. When Croyez Studio first started 2.5 years ago, we were the only Power Plate® studio offering group classes. Now, a few studios have sprouted. Like yoga and Pilates, there is great potential in this business and Power Plate® is in fact the new exercise trend.

Business Operation Details

Employees:

8

Trading Hours:

Mon - Fri: 0800 to 2100 Sat & Sun: 1000 to 1500

Support & Training:

The staff onboard are experienced and bound to a contract of at least 1 year. Full training and support will be given to buyer so that buyer will be able to manage and expand business.

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Wants to pursue other areas of interest.

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