Listing Id: 4371
Total Views: 12229
(Sold) Nail Spa Business For Sale (Tampines Central)
Ang Mo Kio
Date Closed: 29/03/2018
Asking Price: S$35,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
N/A
-
Premise Size
-
Monthly Rental
N/A
-
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
Other commitments
Description
Nail Spa biz for sale -
π½ In a shopping mall @ Tampines Central
π½ Established in 2000
π½ Franchise about 3.5 years ago
ππΌ 2 year yearly agreement
ππΌ 6% franchise royalty
ππΌ franchise agreement ends in May 2018
ππΌ up to new biz owner whether to renew the franchise agreement
π½ Shop rental about $6,500
(inclusive of GST) + 0.8% GTO
π½ Shop about 302sf
π½ Chairs :
ππΌ 3 pedicure chairs
ππΌ 3 manicure chairs
π½ Estimated monthly nett profit :
ππΌ $12-$13K (2015)
ππΌ $10K (2016)
ππΌ $$7K (2017)
π½ Packages :
ππΌ most within 6 months
ππΌ usually in sessions - about 6 - 12 sessions
ππΌ about $400 -$800
π½ Purely nail spa
π½ Full time staff :
ππΌ 4
ππΌ 1 Singaporean
ππΌ 3 Malaysians
(work permit)
π½ Ownerβs involvement in biz :
Very minimal
π½ Reason for selling :
ππΌ partnership separate
π½ Asking $35K negotiable
ππΌ Not inclusive of rental deposit (About $20K)
Pls contact/sms/whatβs app :Peter Wan@ 91000070
Thank you & blessed day
Peter Wan
Dream Centre