Businesses For Sale in SingaporeSingapore

Listing ID: 2476
Total Viewed: 18253
Last Refreshed: 19/09/2018

Korean Themed Hair Styling Franchise Business For Sale / Takeover (Sold)

Marine Parade

Asking Price : SGD100K - 200K

Revenue: SGD200K - 500K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 3

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Owner has family and career priorities
Business Description

About the Business

This is a Korean Franchise business with a strong and establised quality brand name which provides haircut services in 10 minutes

Why Buy An Existing Franchise ?

Buying an existing franchise allows new owners / buyers to cut down time it takes to deveop a new businesses and achieve profitabilty in lesser time than it would when buying a new franchise. You're buying a franchise that's already profitable and an outlet that is established in the market place.

What Do You Get When You Buy This Running Business?

  • Transfer of Business Registration and Franchise Agreement (includes lease agreements & existing staff)

  • Leased Outlet (renovated, equipement and POS)

  • Know-how & comprehensive integration with operations

  • Sales Reporting & IT management system

Why is the Owner Selling & How Much?

  • The owner is selling due to family committment and his career which requires frequent overseas travel

  • Owner has two (2) Franchise outlets and will sell both to one buyer or sell them separately. 

  • Owner is not looking to make profit, so will sell for the amount he invested which is between SGD120K to SGD130K per outlet / per franchise. If any buyer is interested to takeover both the outlets, the takeover fee can be negotiated. 

Business Operations
Business Hour:
10:30am to 9:30pm
Preferred Skills:
Business owner, running and managing a retail outlet and entrepreneurial drive.
Supporting and Training:
Existing owner will support new buyer / owner with seamless integration into the business. The Franchisee will also assist and support all our local franchisees with:* Know-how & comprehensive training program for the Operations team* Daily & Monthly Sales Reporting & Cash Collection IT System* On-going support that includes outlet visits
2 Local, 1 Foreigner
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD42,000 (included in selling price)
Lease Term:
3+3 years

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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