Listing Id: 33273
Last Refreshed: 01/11/2024
Total Views: 2165
(Expired)Reputable Beauty Spa Brand Takeover Near Somerset MRT
Central AreaBeauty SalonsSPAs
Asking Price: S$499,999
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Shopping Mall
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Premise Size
1200 sqft / 111 sqm
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Monthly Rental
S$15,000
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
No time to manage and want to focus on other career
Description
Reputable Beauty Spa Brand Takeover Near Somerset MRT
Business has been running for over 20 years
(Survived through Covid'19)
(Photos just for illustration - Not Actual)
WHY TAKEOVER THIS BRAND
History and recognizable brand
Over 2,000 customer database
Over 500 active customer
Beautifully renovated shop (1,200 sqft approx)
Super good reviews and ratings
WHY PAY FOR TAKEOVER FEE
Lease Secured at ~$15K (Good Location & Footfall)
High Capex put in for high-end renovation
Facial, Slimming & IPL Services
(Machines and Equipment)
OEM Facial Products
THE POTENTIAL
High Potential to build a bigger business with more branches
Possibility to lower cost with active management
(Economies of scale)