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Beauty Salon for Sale in Bangalore, India

For sale: Bangalore-based beauty salon and spa with spacious and pleasing ambience.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.4 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 25 %
Industries Beauty Salons
Locations  Bangalore
Local Time 5:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 50 thousand (Native Currency: INR 4,000,000)
Reason: - The promoter needs to focus on her other businesses and cannot give a lot of time to this business... View More
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Form 'C'
Business Overview

- Bangalore-based beauty salon and spa located near several posh gated communities.

- Only premium salon and spa in its vicinity.

- Salon and spa are a part of the same facility, with the spa being exclusively for women.

- Salon has 4 hair stations, 2 pedicure stations, 2 hair wash stations, 2 head massage stations, 2 threading stations, 2 waxing/facial rooms, and 1 body massage room.

- The buyer will get the legal entity with all its assets along with the brand, Facebook page, and website.

- The asking price includes a deposit of INR 5 lakh.

- We have over 600 dedicated customers with a footfall of 15+ customers daily.

- We also sell hair care products but most of the revenue comes from beauty and spa services.

- We take appointments through phone calls.

- Due to the ongoing pandemic, the operations were shut down for some time and have now resumed.

- Promoter solely owns the salon and company is debt free.

Products & Services Overview

Haircare (spa) and hairstyling, skincare, and beauty treatments for men and women. The full-body spa is exclusively for women.

Assets Overview

Salon furniture, PC, mobile, CCTV, POS system, speaker, music system, and deposit.

Facilities Overview

Rented 1,700 sq. ft. area on the second floor for 5 years with an elevator facility overlooking the airfield. Salon has a luxurious ambiance with a lot of space which is ideal for social distancing.

The salon is fully air-conditioned and has a 10 KVA battery backup, two washrooms, one utility room, storeroom, a small kitchen, and an unutilized area (partly developed) to add a nail bar and a bridal section.

The current rent is INR 40,000 per month.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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