Singapore  Singapore

Sell a Business

Listing ID: 2538 Last Refreshed: 26/05/2019 Total Views: 6170

Up & Coming Hip Hair Salon @Bishan For Immediate Takeover

Bishan

Asking Price: S$33,000
  • Premise Type N/A Premise Size 300sqft
  • Monthly Rental S$3,100 Rental Desposit N/A
  • Revenue S$10K - 20K Cash Flow Under S$5K
  • Gross Profit S$5K - 10K Net Profit S$5K - 10K
  • Stock S$10,000*** Liability S$0
  • Payable S$0 Receivable N/A
  • FFE S$18,000*** Established 2011
  • Owner Role Investor Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Jac
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Reason For Sale

Family

Description

Salon is prominently located at strategic location behind Junction 8 Bishan. 

Strategically located 5 mins from Bishan MRT 

Well known in the neighbourhood and expats in the area for last few years.

Ever increasing residential with good potential for growth!

Cilents ranges from High Net Worth to "can spend" domestic workers and many loyal customers around this area.

Recently renovated to revamp image has drawn good new customers and walk ins.


Concept: Young, Hip & Upcoming, Not your typical HDB salon

Environment: Friendly staff and everyone feels at home.  

Objective: Bringing good to human kind with products that are Organic, Essential Oil Products, Natural ingredients and benefitting people

Condition: Recently renovated to revamp image with 3 stations expandable potential to the back of salon currently use as my small interest studio and lunch time relax area ^^

Furniture:  3 x new cutting chairs and 1 x new hair wash basin, Cupboards x 2, side tables x 2, 3 x new Full Length mirrors, lightings and air con, wash machine x 1

Excellent Location: Bishan Behind J8

Staff : Skillful Staff  with great customer service attitude x 2 & good loyal customer base. Freelancers x 2  with good clientel on 50/50

Equipment: Fully Equipped with new digital Perm machines x 1 , Hot Swivel machinex 1, O3 machine x 1 , hair dryers x 4, trolleys x 4. tongx 2, curlers etc etc etc est $10K

Other Equipment: new CCTV ( $1.2K) with 2 cameras, 1 Storage Water Heater, Internet Fibre Ready, Phone Line

Inventory: Est$10k including a ozone machine for scalp


Takeover the entire business with great customer base, staff, suppliers base, inventory & equipment for only $33K (excluding rental deposit). No package liability as we are already overwhelmed with "ala-carte" customers.


Lease expires in March 2017 and renewable. 


Will be a regret to let go but working family member reqires medical assistance.


Contact via email only as owner is travelling this period of time. 


***Thank you for your interest,  PLEASE LEAVE YOUR CONTACT INFORMATION FOR FURHTER DISCUSSION 

Business Operation

11am - 9pm Mon - Sun
Business Hour
Bishan MRT Bishan CPF board Centralized location Revamp with new equipment and furnitures High Foot traffic Ample parking space near to cafe and coffee shops
Facilities
Healthy competition
Competition

Property Information

Rent
Premise Status
1+1
Lease Term
Yes, it can relocate to other place
Relocatable

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