Singapore  Singapore

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Listing Id: 31441 Last Refreshed: 19/04/2024 Total Views: 695

(On Hold)(Central) Nail And Lash Salon In Balestier

NovenaBeauty SalonsNail Salons
Asking Price: S$30,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Can’t Have Too Many

Overview

  • Premise Type Commercial Street
  • Premise Size 210 sqft / 20 sqm
  • Monthly Rental S$2,200
  • Rental Desposit S$6,000
  • 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 0
  • Established 2022
  • Source Direct Seller

Reason For Sale

Migrating / Family

Description

Owner family is migrating to overseas by the end of this year due to family commitments. As such, seeking a passionate buyer who can continue the legacy of the beauty salon and uphold the standards of service and care that had established.

Current lease is till March 2025. Landlord is happy to renew for discussing the possibility of lease extension and future rental rates, to ensure continuity for the new owner.

This beauty salon took over the unit on December 2022. Since March 2023, it has been serving the community in Balestier and across Singapore with dedication and commitment. In the three months it took to beautify and renovate the place, meticulously added soft touches and brainstormed ideas to create a welcoming environment. This beauty salon does not resorting to hard selling tactics; instead, it had built a loyal customer base who willingly choose the services.

The decision to sell this beauty salon has not been an easy one. So curating the process to ensure a seamless transition for the new owner while maintaining the standards and ethos of the beauty salon moving forward.

To facilitate this takeover, this beauty salon have prepared separate documents outlining the inventory and fittings included in the sale, along with details of the $13,128.00 renovation investment, which transformed the space from an empty office before to a cozy sanctuary for beauty treatments.

In addition to the physical assets, the takeover process will also offers the transfer of various business essentials, including ACRA registration, bank accounts, NETS services, HSA/SGS certifications (worth $19,000), customer profiles, utility services, Wi-Fi, and social media accounts.

If you are interested in exploring this opportunity further or have any questions, please do not hesitate to reach out. We would be more than happy to schedule a meeting to discuss the details and arrange a visit to the salon. We look forward to the possibility of passing on the torch to someone who will cherish and nurture its legacy.

Business Operation

Beauty Salon, Nail Salon, Lash Salon
Facilities
Nails and Lash (Beauty Salon)
Background & Skills

Property Information

1 + option to renew 2 or 3 years
Lease Term
210 sqft. Underneath a condo, commercial building, next to major mall in Balestier, and hotels
Premises Details
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