Singapore  Singapore

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Listing Id: 29030 Last Refreshed: 09/12/2023 Total Views: 1837

(Expired)Centrally-Located, Premium Gentleman's Barber Shop For Sale (5 Star Rated On Google)

Central AreaHair Salons
Asking Price: S$15,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Mark Cerelli

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  • Overview
  • Reason For Sale
  • Description
  • Property Information

Overview

  • Premise Type Commercial Street
  • Premise Size 150 sqft / 14 sqm
  • Monthly Rental S$1,026
  • Rental Desposit S$1,900
  • Revenue S$3,000
  • Liability N/A
  • Gross Profit S$1,500
  • Net Profit S$500
  • 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

We are looking to partner with a barber to take the business to the next level, or sell the shop. My partner and I both have full-time corporate jobs and lack the time to focus on the business.

Description

Premium gentleman's barber shop located in the Rochor area for sale:- 2 seat barber shop located within a boutique hotel- Our prices range from $35 for a classic cut to $85 for the premium cut & shave- The business has a steady flow of regular customers (mix of locals and expats)- Strong reputation with 5 star Google rating- Systems in place makes it easy to manage (only need to go to the shop every ~2 weeks)- The business is highly cash generative, and has potential to grow significantly. Our barbers are paid 50% commission on all cuts, so there is incentive for them to bring in customers, and we grow together.
My partner and I founded the business and have been operating it with very high standards.
We are open to staying on as business partners, with our ideal partner being a barber that wants to take the business to the next level.

Property Information

Two year lease, ending September 2024
Lease Term
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