Beauty Salon for Sale in Madipakkam, India
Award-winning well-established salon located on a high lane road is for sale.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 22 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 20 % |
| Industries | Beauty Salons |
| Locations | Madipakkam |
| Local Time | 3:29 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
14.3 thousand
(Native Currency: INR 1,300,000)
Reason: Difficulty in managing business in the current situation. New owner will be able to start operations...
View More
Includes physical assets worth
USD
11 thousand
Interested to connect with advisors
Documents
GST Certificate
(73.5 KB)
Salon Entrance
(93.3 KB)
Business Overview
- Offer hair styling and beauty services for men, women and kids. Promoter owns 2 other salons with a similar store name. Each salon is registered separately. Only one salon out of the chain is up for sale.
- Serve between 10 - 15 customers daily. Customers mostly demand hair-cutting services. Price of a haircut is INR 180.
- Have hired over 5 stylists / beauticians and 1 manager.
- Value of the physical assets involved in the transaction are 2 hair wash stations, 5 hair styling stations, 2 waxing and facial rooms, 1 store room 1 staff room, 4 air-conditioning units and a reception area. Inventory is not included in the transaction nor is it a part of the physical assets.
- Owner has taken a loan on the salon for INR 10,00,000 and pays INR 40,000 monthly as payments on the loan. So far, INR 2.5 lakh out of the loan has been repaid. Loan amount won't have an impact on this transaction. The owner has taken the onus to repay the loan.
- Won best salon for bridals by Artic Awards.
- Serve between 10 - 15 customers daily. Customers mostly demand hair-cutting services. Price of a haircut is INR 180.
- Have hired over 5 stylists / beauticians and 1 manager.
- Value of the physical assets involved in the transaction are 2 hair wash stations, 5 hair styling stations, 2 waxing and facial rooms, 1 store room 1 staff room, 4 air-conditioning units and a reception area. Inventory is not included in the transaction nor is it a part of the physical assets.
- Owner has taken a loan on the salon for INR 10,00,000 and pays INR 40,000 monthly as payments on the loan. So far, INR 2.5 lakh out of the loan has been repaid. Loan amount won't have an impact on this transaction. The owner has taken the onus to repay the loan.
- Won best salon for bridals by Artic Awards.
Products & Services Overview
Hair and beauty services for men, women, and kids. Beauty services provided include manicure, pedicure, facial, threading, bridal and grooming packages.
Assets Overview
- Fully furnished and ready to start business area.- Large reception area.
- Furniture sofas.
- Air conditioners - 5.
- Hair station - 5.
- Hair wash - 5, Pedicure station - 2, Facial room - 3.
- Wash room - 1.
- Chairs & facial beds.
- All branded salon equipments.
- Hair and beauty products - all branded products.
Facilities Overview
900 square feet located on the ground floor. Paying a monthly rent of INR 50,000 and a deposit of INR 3,00,000 has been paid.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysProduct Marketing Associate, Software Development, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysConsultant, Hospital, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Advertising And Marketing, Chennai, Individual Investor / Buyer connected with the Business
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