Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The salon operates in a lucrative industry, offering a variety of beauty services that include hair styling, nail care, and other personal grooming services. With a monthly revenue ranging from S$20K to S$50K, the business demonstrates a strong potential for profitability, boasting a monthly gross profit of S$10K to S$20K and a net profit between S$5K to S$10K.
The monthly rental fee is S$5,700, providing a reasonable overhead for the business considering its prime location. The selling price for the salon is between S$50K and S$100K, with negotiations welcomed to ensure a smooth transition for both seller and buyer.
The current owner is looking for an investor to take over the operations, presenting an ideal scenario for individuals seeking to enter or expand their footprint in the beauty industry. The salon has a solid reputation and a loyal customer base, making it a promising venture for the right buyer.
This listing is perfect for aspiring entrepreneurs or seasoned investors looking to capitalize on a thriving business in a high-demand market. Don't miss out on the chance to own a profitable beauty salon in Serangoon.
Expansion Potential
AI Business Analysis
Get AI-assisted insights into this business’s strengths, risks, key questions, and due diligence points.
Understand this opportunity more quickly
Review the key strengths, financial considerations, risks and due diligence points identified from the listing.
Submit Enquiry
Introduce yourself and explain what you would like to know about this opportunity.
Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.
All communications, agreements, transactions, disputes and claims are solely between the relevant parties.
Learn how to avoid scams
Singapore