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Listing ID: 1957 Last Refreshed: 07/05/2019 21402 Views

Exclusive Vip Concept Nail Spa For Takeover

Asking Price <span class='currency'>S$</span>18,000

Overview

Financial Performance

Monthly Figures
Revenue
S$5K - 10K
Gross Profit
S$5K - 10K
Net Profit
S$5K - 10K
Monthly Rentalt
S$1,600

Assets & Working Capital

Stock
S$5,000 Stock and inventory
FFE
S$10,000 Furniture, fixture & equipment

Operations & Ownership

Staff
1 Employees
Year of Incorporation
2011
Owner Role
Part Time

Property Information

Premise Status
Rent
Rental Deposit
S$3,800
Premises Details User-entered information
VIP Closed concept, relaxing ambience, co-sharing with facial business owner of more than 12 years.

Operations & Growth

Reason For Sale

Personal Health Reason

Description

THE WHAT:

- Exclusive Nail Spa with 2 VIP rooms and 2 manicure tables co-joint with a Facial business owner, hence cross-selling is one of the business's best competitve feature. 85% of facial customers love the concerpt of on-stone-kill-two-birds and have their nails done at the same time.

- Apart from vast range of nail and spa related services, we also offer hair wax removal services.


THE WHERE:

Level 2 of Tanjong Pagar Plaza co-sharing a large unit with a well-known facial business owner of 12 years. 


THE WHY:

- It's VIP closed door concept and relaxing ambience has been well liked by our steady flow of regulars. You will be surprised at the capability of this small business despite being closed concept, how it manages to draw in the lunch and dinner crowd of white collars who frequent the vicinity for lunches and nearby residences.   

- Another selling point of the business is it's minimal outstanding package to service, as the steady flow of revenue comes from regular walk-ins who prefer ala-carte services. 

Facilities

.

Competition

It clearly has a very strong competitive edge over others.

Expansion Potential

Definitely. From cross-selling with facial business owner to expanding accessories retail.

Buyer Support & Terms

Support and Training

Hand-holding period to be discussed

Background & Skills

In order to maintain customer confidence and trust in the business and for it to flourish/reach its maximum capacity, self is of the opinion that the buyer should possess at least some manicure and pedicure related experiences in order to catch more new walkins during peak hours (11am to 2pm, 6pm - 8pm), however, it doesn't make commercial sense for the business to incur substantial additional costs to just employ 1 more full-time manicurists just to cater to the peak hour. Hence, this is an excellent opportunity for manicurists who would like to start their own small business, or those who had just graduated from beauty/nail courses and needed learning ground with the support of an experienced, nice natured and helpful manicurist we have at the moment. Even better at a very low takeover and monthly operating costs.

DO NOT LET THIS OPPORTUNITY SLIP AWAY!!
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