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Small Beauty Salon for Sale in Mohali, India

Brand new family salon that has 8 to 10 daily customer walk-ins is for sale.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 20 thousand
EBITDA Margin Nil
Industries Beauty Salons
Locations  Mohali
Local Time 6:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: INR 2,400,000)
Reason: We are looking to sell the business as the promoter is frequently travelling abroad and is unable to... View More
Includes physical assets worth USD 24 thousand
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Business Overview

- Brand new family salon located in Aerocity, Mohali Chandigarh.

- This salon outlet is a franchise of a brand, the franchise agreement is valid for 5 years and is renewable and transferable. The agreed royalty to the franchisor is 20% of gross sales.

- The buyer can choose to take up the outlet and not run it under the franchise as well as to get the agreement transferred to their name.

- Offering complete salon services like haircuts, hair styling, waxing, makeup, bridal makeup, manicures, and pedicures.

- On average, we have 8 to 10 daily walk-ins by customers.

- At a time the salon can only cater to 3 customers.

- We are running at break-even as the business is just 6 months old and we are only able to manage the running costs for the business with the current monthly turnover.

- The business is run by a sole owner and does not have any loans.

Products & Services Overview

We provide all parlour services such as haircuts, hair styling, waxing, makeup, bridal makeup, manicures, and pedicures.

Assets Overview

Generator desktop, reception desk, inventory area, entire wooden work, interiors, 3 cutting chairs, 1 manicure and pedicure station, 1 bridal seat, and 2 facial beds.

Wooden work.

Facilities Overview

640 sq. ft. rented area. We pay a monthly rent of INR 31,000. The lease agreement is transferable to the buyer.

Capitalization Overview
Not Disclosed
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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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