Buy - not one (1) but two (2) profitablly running franchises at the same time. That's what the current owner did, once he found one store was profitable he bought the second franchise which turned even more profitable. Instead of waiting to establish a new franchise which will grow gradually, why not buy an existing franchise that is already hitting the ground and pulling in the crowd from day one.
Owner is migrating so he decided to sell his two franchises, so anyone buying will takeover the two companies and it's assets.
Here are 7 Reasons Why You should invest in a Kcuts Franchise? 1. Singapore's Increasing Population to 6 - 6.9 Million Heads (Source: Singapore White Paper 2013) 2. Multiple Units Ownership 3. Korean Style & Quality Assurance 4. High Repeat Business 5. Relative Low Set Up Cost & High Profit Margin 6. Stable & Recession-Proof Business 7. Manager - Run Business (You, as the owner, can still keep your day job while building your own Kcuts chain of salons) The hair care salon business is recession proof and rarely the first industry people consider when examining franchise concepts. But, when they learn more, many franchisees find this retail industry performs like no other.
This is an industry that: * Is relevant in any community and any economic climate. * Is a fundamental service best performed by professionals. * Resists technological obsolescence. * Is staffed by professionals – employees are educated, certified and trained. * Has low, non-perishable inventory requirements. * Cannot be outsourced. * Is about making people look and feel good about themselves.
Singapore
