Beauty Salon for Sale in Ernakulam, India
|Employees||2 - 5|
|Legal Entity||General Partnership|
|Reported Sales||USD 50 thousand|
|Run Rate Sales||USD 50 thousand|
|EBITDA Margin||30 %|
|Local Time||8:14 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Our business is 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.
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.
Physical assets include:
- Salon equipment.
- Furniture and interior fittings.
- Inventory of beauty products.
- Air conditioners & CCTV cameras.
- Laptops and printers.
The business runs operations from a rented facility spread across 1,037 sq. ft.