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Newly Established Beauty Salon for Sale in Singapore

For Sale: Beauty shop within a popular mall with an area of 1,400 sqft.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 310 thousand
EBITDA Margin Operating at loss
Industries Beauty Salons
Locations Singapore
Local Time 1:54 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 297 thousand (Native Currency: SGD 400,000)
Reason: The owner has shifted back to Vietnam and we are unable to oversee the operations.
Includes physical assets worth USD 297 thousand
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Business Overview
1. Location: The salon is strategically located in Delfi Orchard, Singapore, which is a prime area for beauty and wellness services, offering high visibility and foot traffic.
2. Products & Services: The salon offers a range of services including facial treatments, whitening baths, slimming, hair removal, eyebrow and lips embroidery, hifu, laser, eyelashes. Facials, hifu and eyelashes are the top-selling service, indicating a strong demand for skincare treatments.
3. Sales Performance: The business demonstrated strong initial sales, with revenues exceeding SGD 60,000 (only 2 staff + owner working) in the first month of operation. However, due to the owner's absence and personal reasons, sales have declined to SGD 30,000, resulting in current losses, but with 2 employees and the income is about SGD 30,000- 40,000 because of lack of manpower and the owner's absence and not being able to find more replacements, there is a decline. If more employees can be hired, the income will definitely skyrocket, because of the large area and many services, can earn up to SGD 100,000 or more, if there is a strong marketing and adequate staff (We do not advertise at the moment, just do regular customers, cause I don't really know about advertising).
4. Employee Expertise: The salon has 2 highly trained staff members with 10 years and 8 years of experience respectively, showcasing a skilled and experienced team dedicated to delivering high-quality services.
5. Appointment Basis Operation: The salon operates on an appointment basis, providing a personalized and tailored experience for each customer, and currently serves an average of 4 customers daily.
6. Average Billing Value: The average billing value per customer is SGD 350-2,000.
Products & Services Overview
Facial, whitening bath, eyelashes extensions, slimming, hair removal, eyebrow, and lips embroidery, laser and hifu. Facials, eyelashes extensions and hifu are the top-selling.
Assets Overview
Salon equipment for facials, eyelash treatment, and laser hair removal equipment.
Facilities Overview
Rented 1,4000 sqft facility in Delfi Orchard, Singapore. We pay a monthly rent of SGD 11,000.
Have a total of 6 rooms:
1 treatment room (IPL, hifu Ultraformer 3, Laser, slimming, skin. . )
1 whitening room (2 collagen machines, 1 shower room)
3 facial rooms (with machine inside)
1 eyelashes extensions + eyebrows, lips embroidery room (2 eyelashes extensions bed + 1 bed for eyebrows, lips embroidery)
Capitalization Overview
Fully funded by the owners without any debts or liabilities. The company has 2 owners with equal shareholding. The directors are husband and wife.
Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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