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Beauty Salon for Sale in Chennai, India

For sale: Inactive unisex salon that had 1,000 regular customers and 15-20 daily footfall.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36 thousand
Run Rate Sales Nil
EBITDA Margin 40 %
Industries Beauty Salons
Locations  Chennai
Local Time 3:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 24 thousand (Native Currency: INR 2,000,000)
Reason: Owner is looking to focus on other ventures.
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
Business Overview

- A unisex beauty salon based in Chennai that started operations in 3 years ago.

- We provided complete hair and beauty services such as pedicure, manicure, hair cutting and styling, wedding make up and other beauty therapies.

- Our facility is well equipped. Gents section - 5 styling stations, 2 shampoo stations, 1 pedicure stations and 2 beds for skin care. Ladies section - 3 styling stations, 1 shampoo stations, 2 pedicure stations and 2 beds for skin care, 1 bridal room.

- Had 1,000 regular clients and have a footfall of around 15-20 daily customers.

- We were also involved in sale of hair and skin care products as per client requirement.

- Had 10 employees at the salon. Investor will need to hire new employees to run the business.

- Sale includes complete business along with entire salon set up, deposit and client list.

- Yearly revenue figure is from the active period of business, valuation is low as we are currently not operational.

Products & Services Overview

Complete hair and beauty services such as pedicure, manicure, hair cutting and styling, wedding make up and other beauty therapies.

Assets Overview

We own the office and business equipment.

Facilities Overview

Salon is rented and has an area of 2,100 square feet.

Rent is INR 80,000 and maintenance is INR 4,200 per month.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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