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Innovative Fitness, Floatfit Hiit And Yoga On Water For Sale

Bugis, Singapore
Asking Price:
$98,000 (SGD) Inventory / Stock included
Sales Revenue:
$108,066 (SGD)
Cash Flow:
Under $50K (SGD)

Our company is the first in Singapore to offer an innovative fitness. A floating exercise mat on water which you are able to do HIIT and Yoga exercises on it. Our company is 2 years old and within the first few months we have had incredible publicity in the media. We were featured on Channel New Asia, Strait Times, Vasantham, The Smart Local, Shape Magazine, Land Crawford and many more.

Our business is a self running business now, we have a contract with a hotel as a venue to use their pool, we have a group of 5 certified trainers. We do corporate team building sessions and private classes. We always have enquiries for collaboration for big brands. Speedo is sponsoring our trainers with the new season activewear and we had collaboration with JBL, Sony ect. Big brands had influencers to attend our classes to promote their products which has been a great publicity for us.

We have a number of contracts in place where we have clients from other fitness platforms signing up for our classes as well which will lead to additional sales/ income. We also have a large amount of clients contacts who have joined our classes and are keen in our fitness (these leads are from FB/ Instagram advertisement) We are willing to hand over our FB and Instagram account which has good reviews and thousand plus followers.

At the moment we have 20 floating mats, tethering system, speaker and headset for trainers etc. All equipments will be taken over to the new owner, together with all contracts from other fitness platforms. Our Director will personally train the new owner how to run the business, which is quite simple and straight forward as the business is self running.

Reason for selling this business is the owner is relocating to another country.

Property Information

Location:

Great Location, near Bugis and Nichol Highway MRT

Business Operation

Expansion Potential:

There is a opportunity to expand, having more location in Singapore to run FloatFit classes

Competition / Market:

No Competition

Reasons for selling:

Owner is relocating to another country

Employees:
5 Trainers
Years established:
2 years

Other Information

Support & training:

Director will train the new owner for 3 days, 5 hours each day. Explaining all the collaboration with other fitness platforms, backend admin booking etc. Business can be run from home, no office required, therefore low overhead expenses

Inventory / Stock value:
$30,000 (SGD) - included in the asking price
Website:
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Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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