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Beauty Salon for Sale in Bangalore, India

For Sale: Franchise of a premium men's salon with high EBITDA and a regular clientele.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 310 thousand
Run Rate Sales USD 310 thousand
EBITDA Margin 40 %
Industries Beauty Salons
Locations  Bangalore
Local Time 7:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 410 thousand (Native Currency: INR 35,000,000)
Reason: The business owners wish to move to another sector. The high valuation is based on trading comparabl... View More
Includes physical assets worth USD 83 thousand
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Business Overview
- Franchise of a premium men's salon.
- The salon has been there for 6 years and the franchise agreement is valid for 4 more years.
- Monthly footfall of about 1,300 customers.
- Agreement can easily be extended for 15 more years.
- Buyer gets 100% ownership of the running store, franchise agreement, and franchise rights.
- The buyer will also get the rights to sell a franchise.
- Buyer will not get the legal entity.
- Store was closed for 2 months last year because of the which last year's sales are low.
Products & Services Overview
Men's salon offering shaves, haircuts, manicures, and pedicures.
Assets Overview
Tangible assets include the 6-year-old fixtures and furniture worth INR 70. There are 7 Collins barber chairs with each being worth INR 2.5 lakh.
Intangible assets include the franchise agreement and franchise rights.
Facilities Overview
Rented store of 1,600 sq. ft on the ground floor. The store is in Indiranagar, Bangalore.
The salon has 7 barber stations and 2 pedicure stations.
Capitalization Overview
The business is completely bootstrapped and only has unsecured OD which will be closed. The business is held by a private limited company with two equal shareholders.
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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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