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Listing Id: 33273 Last Refreshed: 01/11/2024 2573 Views

Reputable Beauty Spa Brand Takeover Near Somerset MRT

Expired
Asking Price S$499,999
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This listing is no longer active and is not accepting enquiries.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
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$15,000

Business Operations & Assets

Owner Role
Full Time
Premise Type
Shopping Mall
Premise Size
1200 sqft / 111 sqm

Business Details

Reason For Sale

No time to manage and want to focus on other career

Description

Reputable Beauty Spa Brand Takeover Near Somerset MRT
Business has been running for over 20 years
(Survived through Covid'19)
(Photos just for illustration - Not Actual)

WHY TAKEOVER THIS BRAND
History and recognizable brand
Over 2,000 customer database
Over 500 active customer
Beautifully renovated shop (1,200 sqft approx)
Super good reviews and ratings

WHY PAY FOR TAKEOVER FEE
Lease Secured at ~$15K (Good Location & Footfall)
High Capex put in for high-end renovation
Facial, Slimming & IPL Services
(Machines and Equipment)
OEM Facial Products

THE POTENTIAL
High Potential to build a bigger business with more branches
Possibility to lower cost with active management
(Economies of scale)
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