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Listing Id: 29030 Last Refreshed: 09/12/2023 1892 Views

Centrally-Located, Premium Gentleman's Barber Shop For Sale (5 Star Rated On Google)

Expired
Asking Price S$15,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$3,000
Gross Profit
S$1,500
Net Profit
S$500
Monthly Rentalt
S$1,026

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2022
Owner Role
Investor
Premise Type
Commercial Street
Premise Size
150 sqft / 14 sqm
Rental Deposit
S$1,900

Business Details

Reason For Sale

We are looking to partner with a barber to take the business to the next level, or sell the shop. My partner and I both have full-time corporate jobs and lack the time to focus on the business.

Description

Premium gentleman's barber shop located in the Rochor area for sale:- 2 seat barber shop located within a boutique hotel- Our prices range from $35 for a classic cut to $85 for the premium cut & shave- The business has a steady flow of regular customers (mix of locals and expats)- Strong reputation with 5 star Google rating- Systems in place makes it easy to manage (only need to go to the shop every ~2 weeks)- The business is highly cash generative, and has potential to grow significantly. Our barbers are paid 50% commission on all cuts, so there is incentive for them to bring in customers, and we grow together.
My partner and I founded the business and have been operating it with very high standards.
We are open to staying on as business partners, with our ideal partner being a barber that wants to take the business to the next level.
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