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Beauty Salon for Sale in Bangalore, India

For sale: Almost 30-year-old salon with a homely set-up and a good customer base.
This transaction has concluded.

Established 30-40 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.1 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Salons
Locations  Bengaluru
Local Time 1:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 6.6 thousand (Native Currency: INR 600,000)
Reason: The promoter is retiring and does not want to continue due to the age factor.
Includes physical assets worth USD 6.6 thousand
Documents
Business Overview
- We are a 30 year old beauty salon that is highly known.
- The salon has a homely setup and is located in a residential area in Bangalore.
- Our beauty salon offers complete salon services from hair cuts, hair colour, waxing, manicure, pedicure, body care, and skincare.
- The salon has a customer base of 6,000 customers.
- Prior to the pandemic, on average we had a footfall of 15-20 customers on weekdays and 20+ on weekends.
- We were operational only for 2 months after the lockdown and the business has been shut for the last 1 year due to the promoters' age and health, hence we have not recorded any revenue since then.
- The salon has 2 facial beds, 4 chairs, and 1 room for waxing and manicure.
Products & Services Overview
Beauty parlour services like hair cuts, hair colour, waxing, manicure, pedicure, body care, and skincare.
Assets Overview
Facial and hair equipment, tools, furniture, CCTV camera, and the interiors of the salon.
Facilities Overview
Leased 1st floor space of 750 sq. ft. with a monthly rent of INR 15,000 and a security deposit of INR 1.5 lakh. The lease is transferable to the buyer.
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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