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Beauty Salon for Sale in Bangalore, India

App-based salon marketplace in Bangalore connects users to salons with 4,000 monthly active users.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 2.1 thousand
Run Rate Sales USD 8.4 thousand
EBITDA Margin 40 %
Industries Mobile Apps + 1 more
Locations  Bangalore
Local Time 11:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 88 thousand (Native Currency: INR 7,500,000)
Reason: This technology platform has been built to scale globally, but the founder has other commitments tha... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
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User Verification
Documents
Business Overview
- Established as a cutting-edge app-based marketplace for salons in Bangalore, facilitating user-friendly salon discovery and appointment scheduling.
- Currently partnered with over 125 salons, leveraging a robust network that serves 4,000+ monthly active users (MAU) and boasts 1,000+ paying customers.
- The company receives 10% of the bill as a commission.
- Demonstrates significant customer loyalty with a strong monthly repeat rate exceeding 40%, highlighting the platform's effectiveness and user satisfaction.
- Features a unique virtual try-on capability, recording over 1,000 virtual makeovers each month, enhancing customer engagement and decision-making.
- Achieved 40,000 downloads, indicating a substantial market interest and the potential for expanded user acquisition with targeted marketing campaigns.
- Scalable business model with an opportunity for growth, given the retrieval of scaled marketing strategies; currently acquiring 20 to 30 new paid customers monthly.
- Backed by promoter expertise with 25 years of technical and sales experience, ensuring strong leadership for product development and market positioning.
- Registered with the Ministry of Corporate Affairs (MCA) and equipped with GST certification, ensuring compliance and credibility in operations.
Products & Services Overview
The business is an app-based platform that allows its users to find the best salons in the area and allows them to book appointments and pay through the App.
Assets Overview
Intangible assets:
- Android & iOS customer app.
- Android & iOS salon partner app.
- Cloud backend.
- Website.
Facilities Overview
We don't have a permanent office space and we operate remotely.
Capitalization Overview
The business has no loans or debts.
Business has 3 shareholders with 5% held by an Israeli AI generative scientist and 95% held by the promoter and a family member.
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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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