Beauty Salon for Sale in Ernakulam, India
For Sale: Formerly franchise beauty salon offering a variety of services exclusively for women.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 43 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 30 % |
| Industries | Beauty Salons |
| Locations | Ernakulam |
| Local Time | 8:30 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
33.5 thousand
(Native Currency: INR 3,000,000)
Reason: The owner is relocating and wishes to sell the business.
Includes physical assets worth
USD
28 thousand
Interested to connect with advisors
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Business Name
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Documents
Company's PAN Card
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Business Overview
- Our business was essentially a franchise of a large beauty salon chain that provides a broad spectrum of beauty services exclusively for women.
- The franchise was bought for INR 5,00,000 and must be renewed every 5 years. The renewal fee will be 50 percent of the latest franchise fee.
- The franchise was renewed 3 years ago and is valid for the upcoming 2 years.
- The business must pay 18 percent of the gross revenue to the franchisor every 10 days as a royalty.
- The salon receives around 20 to 25 walk-ins daily and has a customer base of over 5,000 customers. This is the only source of revenue for the business.
- The revenue plummeted this year due to the effect of the pandemic on the market.
- This transaction includes the entire business entity, rights to the franchise, physical assets and cost of receiving 2 years of renewed franchise.
- The franchise was bought for INR 5,00,000 and must be renewed every 5 years. The renewal fee will be 50 percent of the latest franchise fee.
- The franchise was renewed 3 years ago and is valid for the upcoming 2 years.
- The business must pay 18 percent of the gross revenue to the franchisor every 10 days as a royalty.
- The salon receives around 20 to 25 walk-ins daily and has a customer base of over 5,000 customers. This is the only source of revenue for the business.
- The revenue plummeted this year due to the effect of the pandemic on the market.
- This transaction includes the entire business entity, rights to the franchise, physical assets and cost of receiving 2 years of renewed franchise.
Products & Services Overview
Our salon is exclusive for women and offers a broad spectrum of services such as:- Hair cut, hair wash, styling and hair treatment.
- Skin treatment.
- Nail art.
- Makeup.
Assets Overview
Physical assets include:- Salon equipment.
- Furniture and interior fittings.
- Inventory of beauty products.
- Air conditioners & CCTV cameras.
- Laptops and printers.
Facilities Overview
The business runs operations from a rented facility spread across 1,037 sq. ft.
Capitalization Overview
Through own funds and an overdraft facility of Rs 5 lakhs taken from Federal Bank. Two partners with 50% share each.
Recent Activity
-
Earlier than 15 daysRegional Head, Food Delivery, Kochi, Individual Investor / Buyer connected with the Business
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