Nail Salon for Sale in Manikonda Jagir, India
For Sale: International salon franchise with brand-new equipment which receives 10 customers in a day.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 5.7 thousand |
| Run Rate Sales | USD 95 thousand |
| EBITDA Margin | 40 % |
| Industries | Beauty Salons + 1 more |
| Locations | Manikonda Jagir |
| Local Time | 1:04 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
74 thousand
(Native Currency: INR 6,500,000)
Reason: The owner is moving abroad due to personal reasons and wishes to sell the business.
Includes physical assets worth
USD
68 thousand
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Documents
Salon Chairs
(71.6 KB)
Salon Interiors
(78.9 KB)
Business Overview
- The most reputed Unisex salon franchise in Manikonda.
- Located at the junction with the highest visibility in the locality.
- The salon is very few months old.
- We are running with a revenue per month of INR 6-7 lakhs, which has immense scope to generate INR 10L in the next coming months.
- A vast customer base has already been created.
- We receive around 10 customers in a day.
- The salon has 6 chairs, 2 substations, 2 pedicure stations, and 3 facial rooms cum bride room.
- The repeat customer percentage is almost 70%.
- We have a good loyal customer base.
- The franchise deposit is INR 3.5L which will be returned to the owner after a period of 3 years of contract and the rental deposit is INR 6L. The asking price is exclusive of this.
- The business does not pay any royalty for the time being as it has taken a waiver for the first few months, after which it has to pay a royalty of 10% of its revenue.
- Located at the junction with the highest visibility in the locality.
- The salon is very few months old.
- We are running with a revenue per month of INR 6-7 lakhs, which has immense scope to generate INR 10L in the next coming months.
- A vast customer base has already been created.
- We receive around 10 customers in a day.
- The salon has 6 chairs, 2 substations, 2 pedicure stations, and 3 facial rooms cum bride room.
- The repeat customer percentage is almost 70%.
- We have a good loyal customer base.
- The franchise deposit is INR 3.5L which will be returned to the owner after a period of 3 years of contract and the rental deposit is INR 6L. The asking price is exclusive of this.
- The business does not pay any royalty for the time being as it has taken a waiver for the first few months, after which it has to pay a royalty of 10% of its revenue.
Products & Services Overview
- All hair services.- All skin services.
- Makeup.
- Nails.
Assets Overview
The business has been started recently and all the equipment is new. The interiors- ACs, salon equipment, entire furniture, music system, TV, etc.
Facilities Overview
2,000 sqft is the total floor that has been taken for rent out of which 1,200 sqft is the unisex salon and 800 sqft is vacant space that can be used for other business.We pay a rent of INR 1L monthly. The salon is located in Manikonda Jagir at the junction with the highest visibility in the locality.
Capitalization Overview
100% business is debt free, with no liabilities.Established from the earnings of the owner. It is a cash-positive business.
Single shareholder having complete ownership in the business.
Recent Activity
-
Earlier than 15 daysFounder, Healthcare, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Fashion Retail, Anantapur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Business Consulting, Hyderabad, Individual Investor / Buyer connected with the Business
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