Nail Spa Business For Sale (Tampines Central)

Nail Spa biz for sale - 

💽 In a shopping mall @ Tampines Central

💽 Established in 2000

💽 Franchise about 3.5 years ago 

👉🏼 2 year yearly agreement

👉🏼 6% franchise royalty

👉🏼 franchise agreement ends in May 2018

👉🏼 up to new biz owner whether to renew the franchise agreement 

💽 Shop rental about $6,500 

(inclusive of GST) + 0.8% GTO

💽 Shop about 302sf

💽 Chairs :

👉🏼 3 pedicure chairs

👉🏼 3 manicure chairs

💽 Estimated monthly nett profit :

👉🏼 $12-$13K (2015)

👉🏼 $10K (2016)

👉🏼 $$7K (2017)

💽 Packages :

👉🏼 most within 6 months 

👉🏼 usually in sessions - about 6 - 12 sessions 

👉🏼 about $400 -$800

💽 Purely nail spa

💽 Full time staff :

👉🏼 4

👉🏼 1 Singaporean 

👉🏼 3 Malaysians 

(work permit)

💽 Owner’s involvement in biz :

Very minimal 

💽 Reason for selling :

👉🏼 partnership separate 

💽 Asking $35K negotiable

👉🏼 Not inclusive of rental deposit (About $20K)

Pls contact/sms/what’s app :Peter Wan@ 91000070

Thank you & blessed day 

Peter Wan 

Dream Centre