Saudi Arabia

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Listing Id: 31327 Last Refreshed: 25/03/2024 Total Views: 1167

[265K Net Profits] 12Y Incepted Salon

Central AreaBeauty SalonsHair Salons
Asking Price: Price On Request
Business For Takeover
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LionBrokers Singapore LionBrokers Singapore

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  • Overview
  • Reason For Sale
  • Description
  • Property Information
  • Premium Buyer

Overview

  • Premise Type Shopping Mall
  • Premise Size N/A
  • 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

Moving to another industry

Description

[265K NET PROFITS] 12Y Incepted Salon

> More than 10Ys incepted
> Around 900+ clients per month (95% of revenue from B2C services, 5% from product line)
> Mostly local higher net worth clientele, ex-pats & many tourists from hotels nearby
> Stable profits + directors fee = 265K Net Profits yearly.
> Prime location, high ticket clients with high traffic
> 6 barbers (4FT, 2PT)
> No micromanaging needed, can run the business passively

Keen parties, please contact:
Charlize at +65 9277 7366 ( Whatsapp)
Russell at +65 9710 1831 (Whatsapp)
Eugene at +65 9102 3566 (Whatsapp)

Property Information

Rent
Premise Status

Premium Buyer

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