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Nail Salon for Sale in Manikonda Jagir, India

For Sale: International salon franchise with brand-new equipment which receives 10 customers in a day.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 40 %
Industries Beauty Salons + 1 more
Locations  Manikonda Jagir
Local Time 5:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 80 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 70 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Salon Chairs
Salon Interiors
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.

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
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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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