Listing Id: 20518
Last Refreshed: 11/10/2020
Total Views: 840
(Expired)Multi-Award Winning Beauty Salon Business Seeking Franchisees
Ang Mo KioBeauty SalonsCosmetics Stores
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$10,000
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Broker
Reason For Sale
We are seeking franchisees who will be investors in the locations
Description
About the Brand
Wellaholic is an award-winning aesthetic brand with 6 outlets in Singapore. Wellaholic’s vision is to help our customers look their best, via the use of technology-based facials, permanent hair removal, fat freeze cryolipolysis, teeth-whitening and scientifically-researched supplements.
- 6 outlets
- 35 employees
-2000+ Active Memberships
Brand Strengths
- Rated #2 on TripAdvisor
- Voted Best IPL/SHR Treatment” by public vote for the Daily Vanity Spa & Hair Awards 2018, Best Body Firming & Sculpting” for WellaFreeze by Beauty Insider Spa & Salon Awards 2019
- 4.75 average rating by customers
- Centralised Marketing and Brand Building
- 24x 7 Customer Support
Why Wellolic is the investment of your choice
- Passive Investment where owners do not run daily operations
- Wellaholic Team hires, trains and manages staffing
- Regular Audits, Trainings and Performance Checks to improve each location
- Time for other investments/passion
- Full visibility of all operations, finance and accounts
- Multiple Award Winning brand
Financial Summary**
- Investment SG $280,00-320,000
- Monthly Revenues $40,000 to $50,000
- Monthly EBITDA (Net Profit) $12,000 to $18,000
Next Steps
- Send across the franchisee application form to register your interest
- Get the Financial breakdown and ROI calculations by emailing your interest to
- Setup a zoom call or face to face meeting to understand the brand in more details