Singapore  Singapore

Post Ad
Listing Id: 4371 Last Refreshed: 26/05/2019 Total Views: 11668

(Sold) Nail Spa Business For Sale (Tampines Central)

Ang Mo KioBeauty SalonsSPAs
Asking Price: S$35,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd

Reason For Sale

Other commitments

Description

Nail Spa biz for sale -
πŸ’½ In a shopping mall @ Tampines Central

πŸ’½ Established in 2000

πŸ’½ Franchise about 3.5 years ago
πŸ‘‰πŸΌ 2 year yearly agreement
πŸ‘‰πŸΌ 6% franchise royalty
πŸ‘‰πŸΌ franchise agreement ends in May 2018
πŸ‘‰πŸΌ up to new biz owner whether to renew the franchise agreement

πŸ’½ Shop rental about $6,500
(inclusive of GST) + 0.8% GTO

πŸ’½ Shop about 302sf

πŸ’½ Chairs :
πŸ‘‰πŸΌ 3 pedicure chairs
πŸ‘‰πŸΌ 3 manicure chairs

πŸ’½ Estimated monthly nett profit :
πŸ‘‰πŸΌ $12-$13K (2015)
πŸ‘‰πŸΌ $10K (2016)
πŸ‘‰πŸΌ $$7K (2017)

πŸ’½ Packages :
πŸ‘‰πŸΌ most within 6 months
πŸ‘‰πŸΌ usually in sessions - about 6 - 12 sessions
πŸ‘‰πŸΌ about $400 -$800

πŸ’½ Purely nail spa

πŸ’½ Full time staff :
πŸ‘‰πŸΌ 4
πŸ‘‰πŸΌ 1 Singaporean
πŸ‘‰πŸΌ 3 Malaysians
(work permit)

πŸ’½ Owner’s involvement in biz :
Very minimal

πŸ’½ Reason for selling :
πŸ‘‰πŸΌ partnership separate

πŸ’½ Asking $35K negotiable
πŸ‘‰πŸΌ Not inclusive of rental deposit (About $20K)

Pls contact/sms/what’s app :Peter Wan@ 91000070

Thank you & blessed day
Peter Wan
Dream Centre

Property Information

Rent
Premise Status
/

Just a moment... we are processing the request