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Description

Up for sale is a Korean Quick Hair Cut Salon located in a popular mall in the northern part of Singapore. This is a profitable franchised business that is running by itself. We currently have 1 full time and 2 part time hair specialists.

This is a rare chance to own a business that practically runs by itself and provides regular passive income for the owner.

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Price

S$100,000

Location

Northern part of Singapore

Revenue

S$120,000 per year

Net Profit

25%

Company Type

Private Limited

GST Registered

No

Years In Business

1

Why Did We Set Up

Easy to manage and good cash flow

Owners Role

Managing the business

Owners Background

Housewife

Our Achievement

A successful business

Our Customer

Everybody

Our Competitor

None in the mall

Manager

1

Full-Time

1

Part-Time

2

Premise Size

2-seater shop

Lease Term

3 years

Rental

S$3,400 per month

Trading Hours

11am - 9pm

Relocatable

Yes

Reasons For Selling

Sell when it is most profitable

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes