United States

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Listing Id: 5346 Total Views: 12002

(Sold) Nail Salon Business For Sale (Town Area)

Central Area

Date Closed: 25/01/2019

Asking Price: S$30,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$1,700 Rental Desposit S$4,000
  • Revenue S$10K - 20K Liability N/A
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock S$11,000*** FFE S$7,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 0
  • Established 2016 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price

Reason For Sale

Family issues and nees time for self-improvement

Description

An established and fully furnished nail salon for take-over at Far East Plaza.

This shop comes with:

Equipment:
2 Full-time staff and 1part-time staff
3 Salon chairs with foot jacuzzi for Pedi/ Mani service
1 Table for nail art design
1 big screen TV w/ Apple TV box for customer entertainment
3 CCTV cameras
1 cash register machine
1 bed for eyelash extension
700+ bottles of various shades of nail polish

Business:
170+ loyal monthly customers (and growing)
70% CASH back for packages with credits left.

Strong marketing presence on Vanitee, Facebook, Instagram and Carousell, all accounts shall be transferred over to new owners.
Outgoing owner is willing to share her marketing plans for the future and work with the new owners to ensure a smooth transition and continued patronage of existing customers.
All customer data and supplier info will be handed over to new owners upon takeover.

The Owner is deciding to sell the business due to family issues and need time for self-improvement and is hence selling off the business with low takeover fee of just SGD$30,000 (target ROI less than 1 year). This is ideal for entrepreneurs and start-ups with everything in place, fully stocked and operational immediately.

Low running costs! Monthly rental of $2,000.

Business Operation

11am - 9pm
Business Hour

Property Information

Rent
Premise Status
Dec 2018
Lease Term
Shop is a well known nail salon so many customers know about it and is located near the restrooms.
Premises Details

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