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Small Beauty Salon for Sale in Mangalore, India

Fully equipped unisex salon and spa in a commercial location ready for sale.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 28.3 thousand
EBITDA Margin Nil
Industries Beauty Salons
Locations  Mangalore
Local Time 6:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 17.7 thousand (Native Currency: INR 1,500,000)
Reason: Personal issues.
Includes physical assets worth USD 17.7 thousand
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Business Name
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Documents
Reception Area
Trade Licence
Business Overview
The business started 3 years ago with 6 employees, and the business was successful with sales of about INR 5 lakh p/m.
Post covid operations were halted temporarily, but now the promotor solely handles all the operations. As a result, the sales have declined and the business is operating at breakeven.
Now the studio runs on an appointment basis with 1-2 appointments during weekdays and 3-4 appointments on weekends.
The studio is located in a commercial location with many establishments nearby.
All equipment are readily available and ready for operations.
Products & Services Overview
Hair.
Beauty.
Body spa.
Bridal dressing.
Skin care facial.
Assets Overview
5 chairs.
1 Pedicure station.
1 Hairwash.
Steam room.
Bridal room.
2 cupboards and cabinet.
Steamer.
Spa room.
Facilities Overview
Rented 1,000 sq ft area with 2 facial rooms 2 spa rooms, and bridal dressing with 2 chairs.
3 cutting chair hair wash pedicure station 1, MD cabin, 1 reception, steam room, washroom.
The facility is located in Mannagudda, and are paying a monthly rent of INR 40,000.
Capitalization Overview
The business is owned by a single owner.
There are no debts or liabilities in the business.
Recent Activity
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2 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.
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