RELAX TIME foot reflexology seeking funds for new outlets

RELAX TIME foot reflexology seeking funds for new outlets

Project Cost: RM500,000

Amount Invested : RM100,000

Amount Required : RM400,000

Knowledge / Experience Required: n/a

Proposed Investor’s Role: others (share holder)

Industry:

tourism / hospitality
biotechnology / healthcare

Project Stage:
second stage expansion

EXECUTIVE SUMMARY:

Company History:

We have operating this business for 4 years and we have strong networks & resources to get the staffs of our sector ,From August 2011- August 2015 , We Successfully Introduced A New Concept And
Image To The Brand And Operating 4 Outlets In Shopping Malls Together With The Added Value Of :

Introduction of Packages with the New Therapies Such As Thai Massage, Herbal Ball Compress, Aroma Therapy. (More Women Oriented)
Renovation & Facilities Upgrading. Creating Job Opportunities to Local Therapist Other Than Thai Therapist.
Approaching The Legal Way Of Operation To Obtain The Sub Sector Activities For Premise
License Which Is (Mengurut Badan) – Where The Legal License Of Body Massage Is Obtained.
Initiate A&P and Marketing Plans.
Establishing a Relationship with Ministry Of Labour in Thailand for a Better Quality of Therapists Sourcing.
Successfully Gained the premise rating as Silver from MOTAC, Rating From Mot And KDN Approval Of Reflexologist, Obtained The
Working Visa For Workers.
Aiming To Upgrade the Business Model to Licensor, Expanding Into More Outlets in Two Years’ Time.
Product / Service Description: CHILL OUT, TIME TO RELAX!

Surrounded by emanating relaxing feel good vibes, Relax Time is exactly what you need to unwind from the daily rat race. Unwind your day with a our passionate Touch of Siam. We insist in having an hour or two for Relax Time daily to ensure a whole new good fresh vibe in us in continuing our daily race in life. We emphasize on healthcare treatment Thai massage, with our fully imported essences, our goal is to have our customers walk away feeling reborn, recharged, recovered, revived mentally, physically and spiritually.

Established since 2007 in Kuala Lumpur, all our genuinely Thai therapists are well trained , officially certified , and truly qualified to provide professional traditional massage services. With at least 10 years of working experience, all our therapists (age30 and above) are trained to speak simple English and Mandarin in order to serve you better. Nonetheless, We are one of the few companies which obtained both operating business licences for both foot reflexology and body massage, essentially, our forte is absolute health care traditional massage. Do check out our list of treatments – Traditional Thai Massage, Aroma Oil Massage, Herbal Therapy and foot reflexology.

OUR CONCEPT

Relax Time aims to balance and recover the positive vibe in human. It combines the elements of water, earth & rocks and uses all natural Essences derived from mother nature. Having set its steps in retail malls, Relax time aims to provide a proper way of relaxation to all shoppers & families.
Visit us & let us free your mind for an hour or two!
Our operation hour is from 10am-10pm daily.

Business Opportunity:

Today massage and spa industry has becoming the life style and the ages of getting indulge of this enjoyment are from 18-60 which is very niche and great demand market, we are focus on pampering services but not on therapy just because we are Relax Concept, we are proud to say that we have 80% Malay customers and they are female, this is our key of success.

Revenue Model:

This is cash term business, we have thousands of regular customers, the good thing of this business would never out of trend, and never afraid to keep stock, in fact you do not need to purchase many stock and keep in your store and you are selling the services that well known and understood, do not need to much explanation and description of products upon the sales.Assuming Yearly revenue RM 1 mil.

Management Team:

Our team will give support on every outlet in A&P, sharing customers, our manager from our team will liaise With shop supervisor and cashier to monitor the flow of business and the HR would always hands to hands to Masseur / therapist along the way as well.

Current Status:

we currently operating 4 outlets with total paid up capital 1.2 mil, average revenue of each outlet about 900k year and estimate net profit is 280k per year

Funding Milestone:

Funding for new two outlets initial stage, when profitable on second year, we valued up the company and open selling for certain share to expand further

Business Valuation:

New outlet with our business trade (Relaxs Time) total funding need 500k as start up capital, we would prefer raise 400k fund from investor and the investor deserved for 50% share of this new registration of company for this particular outlet

Expected Return On Investment:

In average least 30% return of their total investment per year, we target 3 years return in normal practice of market conditions.

Investment Risk and Mitigation:

The only risk is shortage of man power, but we have obtained the approval quota from KDN to get in Thai Therapist and support by embassy of Thailand in conjunction with ministry of labor in Thailand , moreover, our strength is to get the local Therapist and we are able to help them to certified by the government as well.

Exit Strategies:

Sell the shares to private equity or venture capital on 2nd or 3rd year in profits scenario of business.

CONTACT PERSON

Gavin Foo
Relax Time Group Sdn Bhd
Lot S 54, 2nd Floor, KL Festival City Mall, 67, Jalan Taman Ibu Kota,
Taman Danau Kota 53300, Setapak Kuala Lumpur. Malaysia

 

CAPITAL.MY