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Profitable Nail Salon Seeking Loan in Singapore

Nails and wax spa having more than 2,000 regular customers seeks funding for expansion.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 44 thousand
Run Rate Sales USD 47 thousand
EBITDA Margin 40 %
Industries Beauty Salons + 1 more
Locations Singapore
Local Time 11:16 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 7.8 thousand for 12.0% annual interest, 2 years (Native Currency: SGD 10,000)
Reason: To generate better cash flow and to upgrade from spa to a retail & salon boutique.
Collateral Available: USD 11.7 thousand
Includes physical assets worth USD 11.7 thousand
Interested to connect with advisors
Business Overview
- Business with a registered brand and we started operations in 2014.
- We offer nails, waxing, and makeup services.
- Have 3 pedicure and manicure stations.
- We receive 5-10 customers on a daily basis and the business has more than 2,000 regular customers.
- Planning to add more stations and a waxing therapy room to offer more waxing services.
- Founder of the business has 15 years of experience in this industry.
- Business owns furniture, TV, and other spa equipment.
Products & Services Overview
Spa with Nails, Waxing, and Makeup services.
Planning to sell our own branded beauty products and add more services.
Facilities Overview
140 sq ft facility on rent for $1,600. Can continue at the same facility by paying rent.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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