Singapore  Singapore

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Listing Id: 20518 Last Refreshed: 11/10/2020 Total Views: 839

(Expired)Multi-Award Winning Beauty Salon Business Seeking Franchisees

Ang Mo KioBeauty SalonsCosmetics Stores
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$10,000
  • Rental Desposit N/A
  • 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 Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

We are seeking franchisees who will be investors in the locations

Description

About the Brand
Wellaholic is an award-winning aesthetic brand with 6 outlets in Singapore. Wellaholic’s vision is to help our customers look their best, via the use of technology-based facials, permanent hair removal, fat freeze cryolipolysis, teeth-whitening and scientifically-researched supplements.
- 6 outlets
- 35 employees
-2000+ Active Memberships

Brand Strengths
- Rated #2 on TripAdvisor
- Voted Best IPL/SHR Treatment” by public vote for the Daily Vanity Spa & Hair Awards 2018, Best Body Firming & Sculpting” for WellaFreeze by Beauty Insider Spa & Salon Awards 2019
- 4.75 average rating by customers
- Centralised Marketing and Brand Building
- 24x 7 Customer Support

Why Wellolic is the investment of your choice
- Passive Investment where owners do not run daily operations
- Wellaholic Team hires, trains and manages staffing
- Regular Audits, Trainings and Performance Checks to improve each location
- Time for other investments/passion
- Full visibility of all operations, finance and accounts
- Multiple Award Winning brand

Financial Summary**
- Investment SG $280,00-320,000
- Monthly Revenues $40,000 to $50,000
- Monthly EBITDA (Net Profit) $12,000 to $18,000

Next Steps
- Send across the franchisee application form to register your interest
- Get the Financial breakdown and ROI calculations by emailing your interest to
- Setup a zoom call or face to face meeting to understand the brand in more details

Property Information

Rent
Premise Status
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