Singapore  Singapore

Sell a Business

Listing ID: 2665 Last Refreshed: 07/05/2019 Total Views: 5519

Exclusive Vip Concept Mani Pedi Spa For Takeover @ Tanjong Pagar (800+ Fb Likes)

Singapore

Asking Price: S$13,000
  • Premise Type N/A Premise Size 250sqm
  • Monthly Rental S$1,600 Rental Desposit S$3,200
  • Revenue S$20K - 50K Cash Flow S$5K - 10K
  • Gross Profit S$10K - 20K Net Profit S$10K - 20K
  • Stock S$8,000*** Liability S$0
  • Payable S$0 Receivable S$0
  • FFE S$13,000*** Established 4
  • Owner Role Investor Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Brenda lee
Email Owner

Reason For Sale

NEED TO FOCUS ON PRIMARY CAREER & FAMILY

Description

THE WHAT:

- Exclusive Nail Spa with 2 VIP rooms and 2 manicure tables co-joint with a Facial business owner, hence cross-selling is one of the business's best competitve feature. 85% of facial customers love the concerpt of on-stone-kill-two-birds and have their nails done at the same time.

- Apart from vast range of nail and spa related services, we also offer hair wax removal services.

THE WHY:

- It's VIP closed door concept and relaxing ambience has been well liked by our steady flow of regulars. You will be surprised at the capability of this small business despite being closed concept, how it manages to draw in the lunch and dinner crowd of white collars who frequent the vicinity for lunches and nearby residences.  

- Another selling point of the business is it's minimal outstanding package to service, as the steady flow of revenue comes from regular walk-ins who prefer ala-carte services.

In order to maintain customer confidence and trust in the business and for it to flourish/reach its maximum capacity, self is of the opinion that the buyer should possess at least some manicure and pedicure related experiences in order to catch more new walkins during peak hours (11am to 2pm, 6pm - 8pm), however, it doesn't make commercial sense for the business to incur substantial additional costs to just employ 1 more full-time manicurists just to cater to the peak hour. Hence, this is an excellent opportunity for manicurists who would like to start their own small business, or those who had just graduated from beauty/nail courses and needed learning ground with the support of an experienced, nice natured and helpful manicurist we have at the moment. Even better at a very low takeover and monthly operating costs.

DO NOT LET THIS OPPORTUNITY SLIP AWAY!!

Business Operation

11:00 to 20:00 hrs
Business Hour
There are about 6-7 nail shops within the vicinity. Tough competition, however it also goes to show how many potential crowd (esp working class/executives) visits 1 Tanjong Pagar Plaza for their nail & spa pampering sessions. ;)
Competition
We have only 1 full-timer skilled manicurist & suggest the employment of additional manirists to cater to walkin customers and slowly build new customer base on top of the current regulars. New owners with relevant skills would be ideal to build up the customer base that we were unable to capture due to manpower shortage
Expansion Potential
Hand holding period to be discussed
Supporting and Training
- Excellent stepping stone for entrepreneur (with/without related experiences) who only has a few hours per day to dedicate to this auto-pilot SME. - Perfect for entrepreneur with relevant experiences (and existing cust base) and would like to upsize their home biz to a shop premise with current dedicated & dependable manicurist.
Background & Skills
Yes, seller financing is available.
Financing

Property Information

Rent
Premise Status
12 mths
Lease Term
Within a longtime beauty facial spa with - 2 VIP partitioned pedicure rooms - 2 manicure tables of 9/10 condition
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
Message

Just a moment... we are processing the request