Listing Id: 4371
Total Views: 12660
(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
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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
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Other commitments
Description
Nail Spa biz for sale -
๐ฝ In a shopping mall @ Tampines Central
๐ฝ Established in 2000
๐ฝ Franchise about 3.5 years ago
๐๐ผ 2 year yearly agreement
๐๐ผ 6% franchise royalty
๐๐ผ franchise agreement ends in May 2018
๐๐ผ up to new biz owner whether to renew the franchise agreement
๐ฝ Shop rental about $6,500
(inclusive of GST) + 0.8% GTO
๐ฝ Shop about 302sf
๐ฝ Chairs :
๐๐ผ 3 pedicure chairs
๐๐ผ 3 manicure chairs
๐ฝ Estimated monthly nett profit :
๐๐ผ $12-$13K (2015)
๐๐ผ $10K (2016)
๐๐ผ $$7K (2017)
๐ฝ Packages :
๐๐ผ most within 6 months
๐๐ผ usually in sessions - about 6 - 12 sessions
๐๐ผ about $400 -$800
๐ฝ Purely nail spa
๐ฝ Full time staff :
๐๐ผ 4
๐๐ผ 1 Singaporean
๐๐ผ 3 Malaysians
(work permit)
๐ฝ Ownerโs involvement in biz :
Very minimal
๐ฝ Reason for selling :
๐๐ผ partnership separate
๐ฝ Asking $35K negotiable
๐๐ผ Not inclusive of rental deposit (About $20K)
Pls contact/sms/whatโs app :Peter Wan@ 91000070
Thank you & blessed day
Peter Wan
Dream Centre
Sweden