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Spa for Sale in Chennai, India

For sale: Unisex salon and spa with complete services has 800+ clients on its database.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 - 70 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Salons + 1 more
Locations  Chennai
Local Time 8:50 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: INR 6,000,000)
Reason: The promoter is relocating to another country.
Includes physical assets worth USD 25 thousand
Interested to connect with advisors
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Business Name
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Documents
GST Certificate
Business Overview

- Unisex salon and spa located in a prime location that offers beauty spas, facials, hair styling, skincare, and body care services.

- The business has been shut for the last 4 months due to the lockdown and we have not generated any revenue since then.

- Before that, we received 20 clients daily and have 800+ clients on our database.

- On average we generated revenue between INR 9 lakh to INR 12 lakh with a 20% margin when we were operational.

- The salon can cater to 13 customers at a time.

- Our employees have gone back to their home towns so we do not have any employees on the payroll as of now.

Products & Services Overview

Beauty spas, hair styling, hair treatments, facials, skincare and body care.

Assets Overview

7 rooms for spa, 2 facial rooms, 4 styling chairs, 1 counter, air conditioners, bed, and steamers.

Facilities Overview

Rented facility covering up a total area of 4,000 sq. ft. The spa and salon on the first floor cover an area of 2,000 sq. ft. and the 2nd floor of 2,000 sq. ft. which we used as a beauty spa and haircut training center. The buyer can use this space for a gym or a salon itself. The monthly rent is INR 1,00,000. The lease is transferable to the buyer.

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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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