Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The business has consistently achieved annual revenues exceeding S$1.6 million, maintaining steady profitability even through fluctuating market conditions. With its professional setup, attractive locations, and efficient operations, this business represents a turnkey opportunity for investors seeking a stable and scalable venture in Singapore’s growing beauty and wellness industry.
*Business Overview
The group operates multiple outlets under two complementary salon brands, offering a full suite of nail, beauty, and spa services. Each outlet is professionally designed and well-fitted, providing a premium yet comfortable experience for clients.
*Business Model: Service-based retail with strong repeat clientele.
Industry Segment: Nail care, beauty services, and related spa treatments.
*Locations: Four outlets in key retail and residential zones across Singapore, located in:
1. A vibrant community hub in the eastern region. (4-5 employees)
2 A popular suburban lifestyle mall in the north-east. (4 employees)
3. An upscale city-center destination along Orchard Road. (5 employees)
4. A newly developed regional mall in the eastern corridor. (4 employees)
(All leases are long-term with renewal potential, providing solid location security and predictable occupancy costs.)
*Reason for Sale
The current proprietor is considering a sale due to personal and lifestyle commitments. The business remains fully operational, profitable, and well-managed. The sale aims to transition the brand to an investor or operator who can continue its growth trajectory.
*Market & Industry Overview
-The nail and beauty segment remains resilient, characterized by:
-Repeat service cycles and high customer retention.
-Stable year-round demand, not limited by seasonality.
-Growing interest in self-care among both women and men.
-This business benefits from its strong positioning in established malls, consistent service quality, and high levels of customer satisfaction.
Financial Summary
Over the past two years, the group has achieved:
2024 Revenue: Approx. S$1.66 million
2023 Revenue: Approx. S$1.63 million
(Full financial statements and breakdowns are available for review under NDA.)
*Assets Included in the Sale
-Established brands, goodwill, and client base.
-Four fully fitted salon outlets with professional-grade equipment and furnishings.
-Trained management and service team in place.
-Comprehensive customer and marketing database.
-Digital assets including website and social media platforms.
-All assets are well-maintained and transferable, ensuring operational continuity post-sale.
Human Resources & Management
The business employs a General Manager overseeing all operations, supported by trained staff at each location:
Staff are experienced, well-trained, and maintain excellent client rapport. Management systems are in place for scheduling, procurement, and customer handling, allowing the business to run efficiently with minimal owner involvement.
*Customer Base & Brand Reputation
-The group enjoys a loyal, diversified customer base ranging from professionals and residents to walk-in mall visitors. Its reputation is built on consistent service quality, hygiene, and premium customer care.
-High retention rates and strong word-of-mouth marketing drive recurring revenue, supported by digital engagement and social media visibility.
*Owner’s Role & Transition Support
A structured handover and transition support period will be provided to the incoming buyer to ensure continuity of service and management.
*Growth Opportunities
-The business is well-positioned for further expansion, with several strategic growth paths available:
-Replicating the model in other key malls across Singapore.
-Franchising or licensing the established brand concept.
-Expanding into related services such as facial treatments or product retail.
-Enhancing digital marketing, customer loyalty programs, and online booking systems.
-With the brand’s strong foundation and operational maturity, there is significant upside for a motivated investor.
*Sale Terms & Indicative Price
Asking Price: S$1.5M - S$2M.
-The seller is open to reasonable and structured offers and will give serious consideration to qualified investors.
-Transaction Structure: Asset and goodwill sale, including all operating outlets, staff, leases, equipment, and brand rights.
-Support: Comprehensive handover included post-transaction.
*Next Steps
Interested parties may request further details, including full financial statements, lease documentation, and outlet visuals, upon signing a Non-Disclosure Agreement (NDA).
This memorandum is strictly confidential and intended for serious buyers only. The information contained herein is provided in good faith for preliminary evaluation. It should not be construed as an offer or commitment to sell until formal agreements are executed.
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