Singapore  Singapore

Sell a Business

Listing ID: 2476 Last Refreshed: 26/05/2019 Total Views: 19973

Korean Themed Hair Styling Franchise Business For Sale / Takeover

Marine Parade

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size 190sqft
  • Monthly Rental S$7,000 Rental Desposit S$42,000***
  • Revenue S$200K - 500K Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2014
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Nasser Aboobakar PropNex Realty Pte Ltd
Post Business For Sale Post Business Wanted Post Franchise For Sale Join Premium Member

Reason For Sale

Owner has family and career priorities

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 Operation

10:30am to 9:30pm
Business Hour
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
Supporting and Training
Business owner, running and managing a retail outlet and entrepreneurial drive.
Background & Skills

Property Information

Rent
Premise Status
3+3 years
Lease Term

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