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Hair, Beauty & Spa
Reflexology & Beauty Centre
248
Sandakan, Sabah, Malaysia
Selling Off 100% Services

Business Overview
The only Authentic Thai Massage Centre which offers True Thai Massage Experience + Touch of Thai Design Essence.

Business Offer
Selling 100% share

Company Entity
Partnership

Reason for sale
Partners intend to move overseas

Financial
Yearly Revenue: RM 150,000.00

Business Size
Employees: 11 to 20 person

Assets

Strength & Opportunity
- A well managed Business with good return in the long run.
- Initial investment: fully renovated rented properties RM 400,000 + Worker Quota Set up / License RM 200,000+
- Company possess the Quota ( License ) to import approximately extra 17 masseurs ( Thailand / China / Philippine / Indonesia ).
- Located at prime location where there are plenty of hotels, pubs, cafes and restaurants. One of the most happening area in Sandakan with ample public parking
- The business comprises of 2 full Lots ( Ground & 1st Floor ) covering total 4000 Square Feet Floor area + Additional 1000 square feet for Dormitory purpose, total of 5000 square feet.
- The Business Floor Area can accommodate up to 21 Customers at a time
- Rental : RM 6250 each month
- Our license are not limited to Massage Services, you may also expand it to include Beauty Segments
- Well trained employees [3 Counter staff , 10 masseurs (majority of the masseurs came from Thailand)] and training will be provided to new owner
- Regular customer based
- RM50,000+ of deposit will be transferring the ownership of the deposits to new owner and belong to new owner
RM33,000.00 with immigration as worker deposit)
RM7,000.00 with agent being future worker import deposit
RM 10,000.00++ being rental deposit
SESB for 3 phase electricity application

- Fully equipment:
A : AIR CONDITIONER
( We paid approx RM 35,000.00 ++ including installation )
1. 1 hp wall mounted aircon * 7 NOS
2. 1.5 hp wall mounted aircon * 1 NOS
3. 2 hp wall mounted aircon * 1 NOS
4. 2.5 hp wall mounted aircon * 2 NOS
5. 2 hp Ceiling Mounted aircon * 5 NOS
6. 2.5hp Ceiling Mounted aircon * 1 NOS

B : CCTV SYSTEM
Paid RM 6650 for cctv system to cover business area

C : CURTAIN
Paid RM 14,457.50

D : SPEAKER & SOUND SYSTEM
Paid approximately RM 2500 - RM 3000

E : COMPUTER DESKTOP * 1 SET
Approx RM 1500+ from memory

F : GRANITE FLOORING ( can be removed and be installed wherever the New Business Owner would love to as the Granites isnt permanently attached to floor )
Paid approximately RM 15,000.00 ( covering approximately 670 square feet )

G : SOLID TIMBER FLOORING ( covering approximately 2300 sqft )
Paid approximately RM 28,000.00 exclude installation

H : LIGHTING SYSTEM
Approximately 125 Nos of LED Lightings, can't really remember how much it cost but it can simply cost over RM 5000++ and above

I : Ceiling & Partition & Paint Works ( Renovation Cost )
Between RM 50,000.00 - RM 60,000.00

J : Wet works / concrete works / piping works / electrical / furniture works / Signage Installation & Facade Design ( Renovation Cost )
Lump Sum between RM 230,000.00 - RM 250,000.00

K : Loose Items ( Asset )
paid approximately RM 52000
- Sofa Set 3+3+2 & Table & Side Table
- 2 nos Wall clock ( timber )
- 1 nos Wall hung elephant ( gold )
- 2 nos deco entry Elephant statue
- 28 nos 55 * 55cm Cushion
- 28 nos Cushion Cover = RMB 28 * 35
- Entry Door Double Timber Handle with Carving
- Mini indoor Fountain
- 2 Nos 6 pax Steam Machine ( Pine Wood )
- Reception Koi Fish Feature Wall
- 8 nos Pendant Light
- 7 nos Massage Chair
- 4 nos Wash Basin
- Outdoor Signage
- Bed Sheet 50 nos
- Bed Linen Cloth * 25 nos
- Coconut Palm Mattress * 30 nos
- 佛手摆件* 2nos
- 佛头摆件
- 1stFlr Couch Set 6pax + Table, (2pax + table)*2 + chair * 6nos
- Tissue Holder * 5nos
- Ash Tray * 3 nos
- Dish Set * 20 nos
- Fruit Fork * 30 nos
- Dustbin * 10 nos
- Door Lock * 8nos
- Wash Basin * 4 nos
- Customer ( Male & Female ) outfit * 100 set in total

ADDITIONAL COST ( LICENSING )
It takes approximately 1 - 2 years before you may run a Massage business as there are a lot of Rules * regulations to comply with + license & worker quote application takes time. For our business, it took approximately 2 years before the business is officially commenced. Meaning to say, we paid near 2 years of Rentals ( which this is part of the investment capitol ). It is by law that the business premise must be officially completed before we may proceed to Worker Quota Application. This additional cost part could be irrelevant but for your understanding, this is something to go through before we can officially run this business.

Location
Asking Price
RM 268,000.00
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