Beauty Salon for Sale in Narasaraopet, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 90 - 100 thousand |
Run Rate Sales | USD 98 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Gyms + 1 more |
Locations | Narasaraopet |
Local Time | 2:54 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- In addition to the fitness studio, we have a beauty parlor for both men and women. Most of our existing gym members will utilize the beauty parlor services as well.
- We have a cafe that also serves light food and nutrition packages for our gym members and others.
We have certified and experienced trainers who are able to help clients to achieve their fitness goals in the most healthy way.
- We have a separate salon staff.
Have over 300 active and happy clients. Testimony to that is our Google listing, which has a 4.7-star rating currently.
- We generate revenue by charging customers for different gym packages like monthly, quarterly, and annual subscription fees. Most of our customers opt for the annual package.
- The gym can cater to around 75-100 customers at a given time. Around 40-45% of the revenue is from the gym, 35-45% is from the salon and the remaining revenue is from the cafe business. INR 5-5.5 lakh from the gym, INR 3-4.5 lakh from the salon, and around INR 1 lakh from the cafe per month. The market is there for up to 1.5 cr business revenue generation per year.
- The company is run by 2 owners.
- Business has a term loan for a small amount and no issues.
- One of the owners is in Ireland so planning to sell the business.
- The facility is around the city that is stated on the profile.
- Beauty parlour for both men and women.
Men: Stylist hair cut, hair wash, hair conditioning, de-tan face pack, beard trim, all types of facial, massage.
Women: Hair cut, hair wash, hair conditioning, de-tan face pack, eyebrows, all types of facial services, manicure, pedicure, coloring.
- Cafe for coffee, tea, light food, noodles, pasta, chicken fry, and nutrition packages to the gym customers.
Gym is built on around 3,000 sq. ft. carpet area on a single floor, 2,500 sq. ft for beauty parlour, 1,000 sq. ft for aerobics, yoga. 500 sq. ft for the cafe and 500 sq. ft for a reception area.
We pay a monthly rent of INR 1,38,000, which is inclusive of the maintenance charges. The lease agreement is transferable to the buyer.
The company has a bank loan and the promoter will be clearing it.