Beauty Salon for Sale in Bangalore, India
For Sale: Franchise of a popular salon chain with 5,000+ customer database and 280+ customers/monthly.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 90 thousand |
| Run Rate Sales | USD 95 thousand |
| EBITDA Margin | Nil |
| Industries | Beauty Salons |
| Locations | Bengaluru |
| Local Time | 5:04 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
28.3 thousand
(Native Currency: INR 2,500,000)
Reason: Promoter would like to exit because of personal reasons to focus on fewer things that are core.
Includes physical assets worth
USD
28.3 thousand
Interested to connect with advisors
Documents
GST Certificate
(84.2 KB)
Business Overview
- Offer hair styling and skin care services to our customers. Over 75% of the business revenue comes from hair related services with the remaining 25% coming from beauty related services.
- We cater to the upper middle-class segment of the market and the salon is located in the heart of the city.
- The salon is a franchise of a popular salon brand. Currently, we pay around INR 25,000/monthly in royalties. The duration of the franchise is 5 years out of which 3 have passed. It is renewable. The franchise fees of the salon is INR 60,000.
- The strength of our customer base is around 5,000+.
- Pre COVID-19, we received around 450 – 480 customers on a monthly basis. Currently, we receive around 160 – 190 customers monthly.
- Presently, we have 5 hair stylists, 1 beautician, 1 maintenance staff member and 2 managers.
- We have a rating of 4.5 stars on Google (389 reviews) and 4.6 stars on nearbuy. com (952 votes). Besides that, we have an active Facebook page with around 4,000 followers.
- Due to all the expenses, currently we are operating at break even.
- We cater to the upper middle-class segment of the market and the salon is located in the heart of the city.
- The salon is a franchise of a popular salon brand. Currently, we pay around INR 25,000/monthly in royalties. The duration of the franchise is 5 years out of which 3 have passed. It is renewable. The franchise fees of the salon is INR 60,000.
- The strength of our customer base is around 5,000+.
- Pre COVID-19, we received around 450 – 480 customers on a monthly basis. Currently, we receive around 160 – 190 customers monthly.
- Presently, we have 5 hair stylists, 1 beautician, 1 maintenance staff member and 2 managers.
- We have a rating of 4.5 stars on Google (389 reviews) and 4.6 stars on nearbuy. com (952 votes). Besides that, we have an active Facebook page with around 4,000 followers.
- Due to all the expenses, currently we are operating at break even.
Products & Services Overview
Offer hair styling services for instance cutting, coloring and straightening. We also provide beauty services like manicure, pedicure, threading and facials.
Assets Overview
We have a fully equipped salon with all its related equipment, furnishings/interiors and inventory worth INR 6,00,000+. We have 13 hair styling stations, 2 spacious rooms for facials, and 3 manicure and pedicure stations. The staff area is equipped with a fridge, microwave, stove and washing machine. The salon is centrally air conditioned and we have 2 sofas in the waiting area.
Facilities Overview
Operate inside a 2,100 square feet facility that has been taken on rent. Pay a monthly rent of INR 1.36 lakh. Have already paid a deposit of INR 8.8 lakh.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysCEO, Ecommerce Luxury Food Marketplace, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Publishing, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysStructural Engineer, Construction, Hosapete, Individual Investor / Buyer connected with the Business
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