Beauty and Wellness Businesses for Sale in Ernakulam

Our business was essentially a franchise of a large beauty salon chain that provides a broad spectrum of beauty services exclusively for women. - The franchise was bought for INR 5,00,000 and must be renewed every 5 years. The renewal fee will be 50 percent of the latest franchise fee. - The franchise was renewed 3 years ago and is valid for the upcoming 2 years. - The business must pay 18 percent of the gross revenue to the franchisor every 10 days as a royalty. - The salon receives around 20 to 25 walk-ins daily and has a customer base of over 5,000 customers. This is the only source of revenue for the business. - The revenue plummeted this year due to the effect of the pandemic on the market. - This transaction includes the entire business entity, rights to the franchise, physical assets and cost of receiving 2 years of renewed franchise.

Our business was essentially a franchise of a large beauty salon chain that provides a broad spectrum of beauty services exclusively for women. - The franchise was bought for INR 5,00,000 and must be renewed every 5 years. The renewal fee will be 50 percent of the latest franchise fee. - The franchise was renewed 3 years ago and is valid for the upcoming 2 years. - The business must pay 18 percent of the gross revenue to the franchisor every 10 days as a royalty. - The salon receives around 20 to 25 walk-ins daily and has a customer base of over 5,000 customers. This is the only source of revenue for the business. - The revenue plummeted this year due to the effect of the pandemic on the market. - This transaction includes the entire business entity, rights to the franchise, physical assets and cost of receiving 2 years of renewed franchise.