Singapore  Singapore

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Listing Id: 31443 Last Refreshed: 04/04/2024 Total Views: 938

Urgent Sale: Barber Shop In MRT Station

Central AreaHair and Beauty
Asking Price: S$100K - 200K
Business For Takeover
Look For Investor
Look For Partner
Bhavesh
Email Owner

Overview

  • Premise Type N/A
  • Premise Size 222 sqft / 21 sqm
  • Monthly Rental S$9,975
  • Rental Desposit S$30,000
  • Revenue S$10K - 20K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$500***
  • FFE S$122,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 1
  • Established 2023
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Leaving Singapore

Description

This is a very reputed franchise barber shop in Singapore, where they have many other franchise shops. I am selling my franchise shop as I will be relocating overseas and will not be able to operate. The business just opened 3 months ago and it is almost fully managed by the franchisee so owner's role is very minimum. There is a lot of potential for growth. The shop is located in a highly dense MRT station so no need to worry about future sales and growth. Additionally, the lease is only expiring after about 3years with MRT station.
I require an urgent buyer as I am relocating overseas, hence price can be negotiated and I'm willing to let go at a reasonable discount.
Please contact me @ 97996787 for any questions.
Thank you.

Business Operation

POS & RSM systems
Facilities
As this is a new shop, marketing of the unit is required to gather more customers.
Competition
As the shop is located in MRT station, there are many people that can come and this is the only barber in the MRT station. Surrounding area no other barbers within 2km hence growth is there. Sales will increase with marketing of the shop.
Expansion Potential
Yes, this is franchise business.
Franchise T&C
Franchise
Support & Training will be provided for 2weeks or more if required.
Support and Training

Property Information

Rent
Premise Status
3year lease, end in Dec 2026
Lease Term
Located in MRT Station
Premises Details
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