SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$3,500
Business Operations & Assets
Staff
1 Employees
Year of Incorporation
2022
Owner Role
Investor
Premise Status
Rent
Premise Type
Shopping Mall
Premise Size
250 sqft / 23 sqm
Rental Deposit
S$7,000
Business Details
Reason For Sale
Owner has too many businesses. Moving into semi retirement stage
Description
Very State of Art 5 seater salon that uses 100% Dyson hair dryers and Korean machines and chairs. Already secured Shisedo and Loreal licensing to use their products. We do not sell package and we serve the emerging affluent customers who value quality and authentic hair/ scalp products so that they can doll themselves up confidently without the fear of ruining their hair/ scalp.
We started operating almost 3 years ago and did another round of $30,000 renovation in Feb 2024. Comes with almost $10,000 stocks and $30,000 equipment. Only 1 in Singapore Maletti Italy Hair Wash Machine worth $12,000. Create Korea Digital Hair Perm machine worth $8,000. 5x Made in Korea Salon Chair at $650 each worth $3,250, Dyson Professional Hairdryer worth $850 x2 = $1,700 and many more. No made in China products except the LED light mirrors. Entire salon including exterior wall, interior wall and even ceiling are premium laminated worth $8,000 (not just wall paper).
One of the nicest salon in Far East Plaza and strategically situated at where the foot fall is; with strong visibility. As I am the sole business owner, as well as, investor, I do not cut hair personally. I hired 2x senior stylists who can do full range of hair color, treatment and scalp care etc. If you are an experienced stylists who aspired to own your boutique hair salon, you will be making profit with this setup that comes with ready pool of customers.
Reason for selling: I have 5 business lines and is scaling down as I am approaching 50 and wanted to sail into the semi retirement phrase. Happy to keep and continue the salon as we can afford to keep it running without much fuss. Salon is not in any company loan. Nice premium ROC number.
We have 1,758 visits with gross sales of $106,286. Average customer spent $60 as we do not hard-sell, do not sell package. Potentially to scale spent per customer to $150-200 depending on how good your operation and promotion are. We do not have much social media presence and do not engage in any marketing yet so the potential is huge for those who have the time to takeover to scale it up.
We started operating almost 3 years ago and did another round of $30,000 renovation in Feb 2024. Comes with almost $10,000 stocks and $30,000 equipment. Only 1 in Singapore Maletti Italy Hair Wash Machine worth $12,000. Create Korea Digital Hair Perm machine worth $8,000. 5x Made in Korea Salon Chair at $650 each worth $3,250, Dyson Professional Hairdryer worth $850 x2 = $1,700 and many more. No made in China products except the LED light mirrors. Entire salon including exterior wall, interior wall and even ceiling are premium laminated worth $8,000 (not just wall paper).
One of the nicest salon in Far East Plaza and strategically situated at where the foot fall is; with strong visibility. As I am the sole business owner, as well as, investor, I do not cut hair personally. I hired 2x senior stylists who can do full range of hair color, treatment and scalp care etc. If you are an experienced stylists who aspired to own your boutique hair salon, you will be making profit with this setup that comes with ready pool of customers.
Reason for selling: I have 5 business lines and is scaling down as I am approaching 50 and wanted to sail into the semi retirement phrase. Happy to keep and continue the salon as we can afford to keep it running without much fuss. Salon is not in any company loan. Nice premium ROC number.
We have 1,758 visits with gross sales of $106,286. Average customer spent $60 as we do not hard-sell, do not sell package. Potentially to scale spent per customer to $150-200 depending on how good your operation and promotion are. We do not have much social media presence and do not engage in any marketing yet so the potential is huge for those who have the time to takeover to scale it up.
Buyer Support & Terms
Seller Financing
Yes, seller financing is available.
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