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Nail Salon Seeking Loan in Singapore

First art gallery and nail salon in Singapore is seeking investors to expand.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 20 - 30 %
Industries Art Galleries + 1 more
Locations Singapore
Local Time 2:27 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 77 thousand for 10.0% annual interest, 2 years (Native Currency: SGD 100,000)
Reason: Funds are required for business expansion and marketing. Looking for expansion in Singapore and Inte... View More
Collateral Available: USD 39 thousand
Includes physical assets worth USD 62 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are the first art gallery and nail salon in Singapore.
- We have tied up with a few local and international artists from whom we procure the paintings and sell them in our art gallery. We are heavily marketing our business for the same.
- Offering manicure and pedicure services, and on average have 10 to 20 visitors per day.
- 70% of our revenue generated comes in from the nail salon services.
- We have partnered with a London brand for high-end luxury foot and hand creams. We purchase the products from them and sell their products in our store.
- On average, we sell around 500 to 1,000 products per month.
- 20% of our revenue comes in from the sale of these products.
- The business has 2 owners with equal ownership.
- The business does not have any loans or overdue.
- Our business has also been featured many times in magazines, articles, and social media.
Products & Services Overview
Offering manicure and pedicure services in an art gallery. Also in partnership with a London brand for luxurious products for skin which are non-toxic, and vegan.
Assets Overview
Renovation and the interiors of the store along with the products in inventory.
Facilities Overview
Store covers an area of 1,500 sq. ft. The store is on lease.
Capitalization Overview
Not Disclosed
Recent Activity
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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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