Reason To Sell
Lack of time to take company forward
The small beauty studio with two treatment rooms and a hair/make up area, has recently won an award and will receive advertising exposure in public media and SMRT station in Dec 2016. The company has been established since 2010 and have no debts to date, with all shop equipment and renovation fully paid for. Rental lease will expire in June 2017 so any new owner can always have option to move business elsewhere if deemed necessary.
As business owners have own full time commitments for past quarter, they are unable to spend time on daily basis and to drive the business forward in long run.
However, despite current minimal supervision on shop ops on daily basis, monthly sales revenue are hovering around current monthly rental cost in crowded shopping mall. Hence, with supervision and business strategy to boost revenue, any new owner should not have any issue covering staff cost. Branding is established as company does receive requests for sponsorships from time to time.
More details will be made available during meet-ups for sincere buyer only. Owners are willing to offer transition help and hand-holding if required. Original takeover price $20,000; However, with quick takeover, owners willing to let go at $10,000 as the owners would like to focus on their full time work.
All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.
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