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Beauty Salon Seeking Loan in Bengaluru, India

Newly established Unisex Salon in Bangalore serving 20+ daily clients.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 21.3 thousand
Run Rate Sales USD 22.5 thousand
EBITDA Margin 20 - 30 %
Industries Beauty Salons
Locations  Bengaluru
Local Time 6:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 27.6 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Planning to open another Unisex Salon of 1,200 - 1,500 Sq. Ft. and hire more staff.
Collateral Available: USD 20 thousand
Includes physical assets worth USD 11 thousand
Interested to connect with advisors
Documents
Business Overview
- Unisex Salon based in Bangalore.
- Provide all types of hair care services.
- Have at least 20 clients on a daily basis.
- Well equipped facility with all modern equipment.
- Staffed by a highly trained staff with an average experience of 5+ years in the industry.
- Planning to open another salon of area between 1,200 Sq. Ft. to 1,500 Sq. Ft.
Products & Services Overview
All types of hair salon services.
Facilities Overview
Rental area of 400 Sq. Ft and rent of Rs 8,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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