Singapore
1 / 4
Overview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Business Operations & Assets
Staff
4 Employee
Year of Incorporation
2017
Owner Role
Full Time
Premise Status
Rent
Premise Type
Shopping Mall
Business Details
Reason For Sale
Owner is migrating
Description
Buy - not one (1) but two (2) profitablly running franchises at the same time.
That's what the current owner did, once he found one store was profitable he bought the second franchise which turned even more profitable.
Instead of waiting to establish a new franchise which will grow gradually, why not buy an existing franchise that is already hitting the ground and pulling in the crowd from day one.
Owner is migrating so he decided to sell his two franchises, so anyone buying will takeover the two companies and it's assets.
Here are 7 Reasons Why You should invest in the Franchise?
1. Singapore's Increasing Population to 6 - 6.9 Million Heads (Source: Singapore White Paper 2013)
2. Multiple Units Ownership
3. Korean Style & Quality Assurance
4. High Repeat Business
5. Relative Low Set Up Cost & High Profit Margin
6. Stable & Recession-Proof Business
7. Manager - Run Business (You, as the owner, can still keep your day job while building your own chain of salons)
The hair care salon business is recession proof and rarely the first industry people consider when examining franchise concepts. But, when they learn more, many franchisees find this retail industry performs like no other.
This is an industry that:
* Is relevant in any community and any economic climate.
* Is a fundamental service best performed by professionals.
* Resists technological obsolescence.
* Is staffed by professionals – employees are educated, certified and trained.
* Has low, non-perishable inventory requirements.
* Cannot be outsourced.
* Is about making people look and feel good about themselves.
That's what the current owner did, once he found one store was profitable he bought the second franchise which turned even more profitable.
Instead of waiting to establish a new franchise which will grow gradually, why not buy an existing franchise that is already hitting the ground and pulling in the crowd from day one.
Owner is migrating so he decided to sell his two franchises, so anyone buying will takeover the two companies and it's assets.
Here are 7 Reasons Why You should invest in the Franchise?
1. Singapore's Increasing Population to 6 - 6.9 Million Heads (Source: Singapore White Paper 2013)
2. Multiple Units Ownership
3. Korean Style & Quality Assurance
4. High Repeat Business
5. Relative Low Set Up Cost & High Profit Margin
6. Stable & Recession-Proof Business
7. Manager - Run Business (You, as the owner, can still keep your day job while building your own chain of salons)
The hair care salon business is recession proof and rarely the first industry people consider when examining franchise concepts. But, when they learn more, many franchisees find this retail industry performs like no other.
This is an industry that:
* Is relevant in any community and any economic climate.
* Is a fundamental service best performed by professionals.
* Resists technological obsolescence.
* Is staffed by professionals – employees are educated, certified and trained.
* Has low, non-perishable inventory requirements.
* Cannot be outsourced.
* Is about making people look and feel good about themselves.
Franchise
Yes, this is franchise business.
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