Need help?

Beauty Salon for Sale in Bangalore, India

Subletting leased facility and selling assets of non-operational salon business in a prime area.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Salons
Locations  Bangalore
Local Time 4:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 47 thousand (Native Currency: INR 4,000,000)
Reason: - The business closed its operations and now wants to sublet the existing leased facility. - Only p... View More
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our salon business has recently closed down its operations.
- We have leased the facility for 5 years and now we want to sublet it to potential salon businesses.
- The facility is located in a prime area next to a well-known cafe with high footfall.
- Sale also includes INR 12 lakh worth of physical assets of salon business.
- While we were operating we had daily footfall of 20+ customers with an average ticket value of INR 800.
- Our brand is not part of the sale and the buyer can start operations under their own brand.
Products & Services Overview
We were offering professional services for hair coloring, hair treatments, hair styling, hair extensions, eyebrows, eyelashes, nails, etc.
Assets Overview
Tangible assets include all setup required for a salon business worth INR 12 lakhs.
Facilities Overview
Leased facility for 5 years of 2000 sqft and has a carpet area of 1430 sqft. Subletting for a monthly rent of INR 2 lakhs + maintenance charges and a deposit of INR 12 lakhs.
Capitalization Overview
Not operational now.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more