Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more →
Listing Id: 2476 Last Refreshed: 26/05/2019 23656 Views

Korean Themed Hair Styling Franchise Business For Sale / Takeover

Closed
Asking Price <span class='currency'>S$</span>100K - 200K
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
S$200K - 500K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$7,000

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2014
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$42,000 Price Included

Business Details

Reason For Sale

Owner has family and career priorities

Description

About the Business


This is a Korean Franchise business with a strong and establised quality brand name which provides haircut services in 10 minutes


Why Buy An Existing Franchise ?


Buying an existing franchise allows new owners / buyers to cut down time it takes to deveop a new businesses and achieve profitabilty in lesser time than it would when buying a new franchise. You're buying a franchise that's already profitable and an outlet that is established in the market place.


What Do You Get When You Buy This Running Business?

  • Transfer of Business Registration and Franchise Agreement (includes lease agreements & existing staff)

  • Leased Outlet (renovated, equipement and POS)

  • Know-how & comprehensive integration with operations

  • Sales Reporting & IT management system


Why is the Owner Selling & How Much?

  • The owner is selling due to family committment and his career which requires frequent overseas travel

  • Owner has two (2) Franchise outlets and will sell both to one buyer or sell them separately. 

  • Owner is not looking to make profit, so will sell for the amount he invested which is between SGD120K to SGD130K per outlet / per franchise. If any buyer is interested to takeover both the outlets, the takeover fee can be negotiated. 


Buyer Support & Terms

Support and Training

Existing owner will support new buyer / owner with seamless integration into the business. The Franchisee will also assist and support all our local franchisees with:* Know-how & comprehensive training program for the Operations team* Daily & Monthly Sales Reporting & Cash Collection IT System* On-going support that includes outlet visits

Background & Skills

Business owner, running and managing a retail outlet and entrepreneurial drive.
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request