Listing Id: 4371
Total Views: 15436
(Sold) Nail Spa Business For Sale (Tampines Central)
Date Closed: 29/03/2018
Asking Price: S$35,000
- 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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Gross Profit
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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
N/A
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Owner Role
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Staff
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Established
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Source
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
Singapore