Singapore  Singapore

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Listing Id: 35190 Last Refreshed: 01/02/2025 Total Views: 444

Profitable Hair Salon With 15 Years Track Record

OrchardHair Salons
Asking Price: S$130,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Shopping Mall
  • Premise Size N/A
  • Monthly Rental S$9,500
  • Rental Desposit N/A
  • Revenue S$320,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$60,000
  • Stock N/A
  • FFE S$70,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Not enough manpower

Description

Rarely available mall shop for takeover!
Excellent location with busy footfall. Situated at the doorstep of major MRT interchange.

Salon has 15 year operation track record with satisfied and regular clientele. Featured strongly on social media and Facebook live.
Profit margins at 20%-30%

Buyer can retain existing franchise brand or start a new brand.
Profitable from day 1. Suitable for experienced buyers looking to expand or first time entrepreneurs who have keen interest in the hair and beauty industry.

Looking for $130k takeover fee which includes all existing equipment, fittings and brands.
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