Singapore Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
2+ years operation.
Average monthly revenue of 36k.
Average monthly net profit of 18k.
Most revenue comes from bookings.
Most cost comes from staffing + outsourcing of services.
Studio is fully run by staff. Owner doesn't need to be in the studio.
Team of 5 (two staff at studio all the time).
SOP for training and operation.
Owner's responsibilities:
- General management of studio
- Staff management
- Customer & Booking Management
- Corporate & Events - managing relationships, quotes & invoices
- Logistics Management
- Finance & Admin
- Developing new workshops & partnerships.
Why sell?
The business grows a lot this year. Overwhelmed in managing bookings and outsourcing the firing of potteries.
Because of that, bookings were periodically put on hold to ensure customers' pottery came out well.
Owner has a new career opportunity that gives her for more time with family.
Opportunities to grow:
1. Hire a manager. The business has enough margin (18k owner profit), but no manager yet.
2. Streamline processes.
Buyer Support & Terms
Support and Training
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