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General Manager

3 weeks ago

Singapore FEY DAY PTE. LTD. Full time

**Question:
Do you dream of running your own business, but the startup phase seems daunting? How about acquiring an existing business that is already profitable and comes with it's clientale base?

**Business Profile:
**Fey Day **presents a high growth massage spa business that is located in the central part of Singapore. It is spacious and the current owner has done an amazing job in creating an aesthetic and cosy environment for customers to relax.

The business started in 2021, and have been growing well over the 3 years. The number of customers has been increasing, and 60% of the sales come from returning customers. There are no direct competitors in the neighbourhood.

To learn more about the business, please visit the webpage below:
**What do you need to do?
- Assess businesses that interest you
- Acquire the business the fits your criteria and skillset. (Using your own resource)
- Learn from the existing owners on how to operate the business.
- Take over the business and operate it yourself.
- Grow the revenue and bottomline

**Benefits of acquiring existing business
- Skip the product market fit and starting out phase. (High risk phase)
- Manage a profitable business right at the onset.
- Don't worry about office politics, retrenchment and lack of career progression.

**Cost of being an acquiring business owner
- You will have to come up with the financial resources to acquire the business.
- Be prepared to work really hard for the dough.
- You are 100% responsible for the business outcome.

Macgyver Ng Teow Poh

EA License No: 23C1562

Registration ID : R1113526