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Listing Id: 2538 Last Refreshed: 26/05/2019 6891 Views

Up & Coming Hip Hair Salon @Bishan For Immediate Takeover

Closed
Asking Price <span class='currency'>S$</span>33,000
This business has been Sold

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

Overview

Financial Performance

Monthly Figures
Revenue
S$10K - 20K
Gross Profit
S$5K - 10K
Net Profit
S$5K - 10K
Monthly Rentalt
S$3,100

Business Operations & Assets

Stock
S$10,000 Price Included
FFE
S$18,000 Price Included
Staff
1 Employees
Year of Incorporation
2011
Owner Role
Investor
Premise Status
Rent

Business Details

Reason For Sale

Family

Description

Salon is prominently located at strategic location behind Junction 8 Bishan. 

Strategically located 5 mins from Bishan MRT 

Well known in the neighbourhood and expats in the area for last few years.

Ever increasing residential with good potential for growth!

Cilents ranges from High Net Worth to "can spend" domestic workers and many loyal customers around this area.

Recently renovated to revamp image has drawn good new customers and walk ins.


Concept: Young, Hip & Upcoming, Not your typical HDB salon

Environment: Friendly staff and everyone feels at home.  

Objective: Bringing good to human kind with products that are Organic, Essential Oil Products, Natural ingredients and benefitting people

Condition: Recently renovated to revamp image with 3 stations expandable potential to the back of salon currently use as my small interest studio and lunch time relax area ^^

Furniture:  3 x new cutting chairs and 1 x new hair wash basin, Cupboards x 2, side tables x 2, 3 x new Full Length mirrors, lightings and air con, wash machine x 1

Excellent Location: Bishan Behind J8

Staff : Skillful Staff  with great customer service attitude x 2 & good loyal customer base. Freelancers x 2  with good clientel on 50/50

Equipment: Fully Equipped with new digital Perm machines x 1 , Hot Swivel machinex 1, O3 machine x 1 , hair dryers x 4, trolleys x 4. tongx 2, curlers etc etc etc est $10K

Other Equipment: new CCTV ( $1.2K) with 2 cameras, 1 Storage Water Heater, Internet Fibre Ready, Phone Line

Inventory: Est$10k including a ozone machine for scalp


Takeover the entire business with great customer base, staff, suppliers base, inventory & equipment for only $33K (excluding rental deposit). No package liability as we are already overwhelmed with "ala-carte" customers.


Lease expires in March 2017 and renewable. 


Will be a regret to let go but working family member reqires medical assistance.


Contact via email only as owner is travelling this period of time. 


***Thank you for your interest,  PLEASE LEAVE YOUR CONTACT INFORMATION FOR FURHTER DISCUSSION 

Facilities

Bishan MRT
Bishan CPF board
Centralized location
Revamp with new equipment and furnitures
High Foot traffic
Ample parking space
near to cafe and coffee shops

Competition

Healthy competition
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