Singapore

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Listing Id: 33308 Last Refreshed: 04/11/2024 Total Views: 87

Hair Salon With Existing Base; Up To 1,800 Visits Per Year

Central AreaBeauty SalonsHair SalonsNail Salons
Asking Price: S$98,000
Business For Takeover
Look For Investor
Look For Partner
Nicholas Neo
Email Owner

Overview

  • Premise Type Shopping Mall
  • Premise Size 250 sqft / 23 sqm
  • Monthly Rental S$3,800
  • Rental Desposit S$7,200
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff 2
  • Established 2022
  • Source Direct Seller

Reason For Sale

Owner has too many businesses. Moving into semi retirement stage

Description

Very State of Art 5 seater salon that uses 100% Dyson hair dryers and Korean machines and chairs. Already secured Shisedo and Loreal licensing to use their products. We do not sell package and we serve the emerging affluent customers who value quality and authentic hair/ scalp products so that they can doll themselves up confidently without the fear of ruining their hair/ scalp.

We started operating almost 3 years ago and did another round of $30,000 renovation in Feb 2024. Comes with almost $10,000 stocks and $20,000 equipment. No made in China products except the LED light mirrors. Even our salon chairs are made in Korea and stools are made in Italy.

One of the nicest salon in Far East Plaza and strategically situated at where the foot fall is; with strong visibility. As I am the sole business owner, as well as, investor, I do not cut hair personally. I hired 2x senior stylists who can do full range of hair color, treatment and scalp care etc. If you are an experienced stylists who aspired to own your boutique hair salon, you will be making profit with this setup that comes with ready pool of customers.

Reason for selling: I have 5 business lines and is scaling down as I am approaching 50 and wanted to sail into the semi retirement phrase. Happy to keep and continue the salon as we can afford to keep it running without much fuss.

Business Operation

Yes, seller financing is available.
Seller Financing

Property Information

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