Listing Id: 1177
Total Views: 36078
(Sold) Nail Spa At Somerset Low Takeover Fees
Central Area
Date Closed: 08/12/2014
Asking Price: S$20,000
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Investor
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Staff
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Established
2012
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Source
Direct Seller
Reason For Sale
No time to oversee retail business and weak heart issues.
Description
Automated Business. Just marginally break-even. If you are patient enough to develop and build the business, you will start making profit in about 2-3 months time. ROI in 1 year. Regular customers with high nett worth due to our shop location at Somerset. High tourist traffic area. A lot of potential for acquisition.
A lot can be done to acquire sales. Hiring some part time staff, then you will start making immediate profit.
The takeover will include the fixtures & fittings, equipments, all stocks, stable client base that is worth $35k. All you need to run the business. Looking to transfer everything including staff. No maintenance fee, utitlity $120, telecommunication $150, rental at $4k.
Easy to auto-pilot. No experience needed
Reason
Due to heart valve issues, I don't have the stamina to continue the good work here.