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Beauty Salon Seeking Loan in Mumbai, India

Start-up business seeking funds to set-up a luxurious unisex salon in Mumbai.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Salons
Locations  Mumbai
Local Time 7:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 200 thousand for 25.0% annual interest, 1 year (Native Currency: INR 16,000,000)
Reason: This fund will be used for the facility set-up, interior design, leasehold improvements, and purchas... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Business Model
Udyog Aadhaar
Business Overview

- Newly started business planning to offer a luxurious unisex salon experience in Mumbai.

- We have finalized the facility in Malad, Mumbai to set up the salon.

- Once we receive the funds we will start the operations in 30 days.

- We will offer services like haircut, styling, hair treatment, skincare, manicure, pedicure, massage. We will also sell branded beauty products to customers as part of retail.

- Will deal with major brands like L'Oréal, O3+.

- Promoter has more than 10 years of industry experience and has client and vendor database from previous experience.

- We will start with one salon then open branches in different locations and also start a salon academy.

- Estimated average monthly sales at our location is estimated to be INR 15 lakh.

- Business does not have any physical assets as of now.

Products & Services Overview

- Services we will offer are haircut, hair styling, hair coloring, hair treatment, skincare, facial, cleanup, manicure and pedicure, nails extension, massage, temporary makeup.

- We will resale hair and cosmetic products.

Facilities Overview

We have finalized a 2,000 sqft facility on lease in Malad, Mumbai.

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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