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Newly Established Beauty Salon Seeking Loan in Bangalore, India

Seeking funds to establish a unisex franchisee beauty salon, under a leading Indian salon brand.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Salons
Locations  Bangalore
Local Time 8:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 40 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,500,000)
Reason: Seeking funds to establish a franchisee beauty salon. Transaction type is negotiable, can either be... View More
Collateral Available: USD 0
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Seeking to establish a unisex franchisee beauty salon under a leading Indian salon brand in Bangalore.

- Offers a range of services such as facials, hair services, nail services, pedicures, and manicures.

- The business is a franchisee under a leading Indian salon brand and has advanced tie-ups with premium brands such as L'Oréal, Schwarzkopf, and GK Professional.

- The franchise requires a brand fee of INR 6.5 lakhs with a monthly payment of 10-15% of the gross sales to be made to the brand company.

- The franchise agreement period is for 5 years and is renewable.

- The business has plans to enter the kids salon sector.

- The personalized packages curated by the brand company cater to all communities.

Products & Services Overview

Unisex franchisee beauty salon.

Services include facials, hair services, nail services, pedicure, manicure etc.

All the services provided will be in-store.

Assets Overview

Physical assets includes the salon equipment and materials procured till date.

Facilities Overview

Identified a 1,500 sqft ground floor building in South Bangalore.

Lease will be under the name of single owner now.

Capitalization Overview

New business initiation with a total business amount is INR 65 lakhs for setting up the business including franchise cost.

At present only one shareholder is involved in the business and plans to shell out a 50% stake in this.

Request is to as silent partners / active partners and provide financial support/management support.

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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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