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NeelDavid's Salon 8.6 /10

2006 Estd  ·  50 Franchisees  ·  Siliguri HQ  ·  Listed By Business Owner / Director

All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Standard Beauty Salon USD 28.3 - 40 thousand USD 5.7 thousand 800 - 1,000 Sq Ft 7 USD 4.5 thousand 10% Franchisees will not be required to pay any royalty during the first three months of operation. After this period, they can opt for either a fixed royalty of ₹12,000 plus GST per month or a variable royalty of 10% of their monthly sales.
Signature Beauty Salon USD 45 - 68 thousand USD 8.5 thousand 1,500 - 2,000 Sq Ft 13 USD 6.8 thousand 10% Franchisees will not be required to pay any royalty during the first three months of operation. After this period, they can opt for either a fixed royalty of ₹20,000 plus GST per month or a variable royalty of 14% of their monthly sales.
Format Name Standard Beauty Salon Signature Beauty Salon
Investment USD 28.3 - 40 thousand USD 45 - 68 thousand
Brand Fee USD 5.7 thousand USD 8.5 thousand
Space 800 - 1,000 Sq Ft 1,500 - 2,000 Sq Ft
Staff 7 13
Expected Monthly Sales USD 4.5 thousand USD 6.8 thousand
Profit Margin 10% 10%
Royalty / Commission Franchisees will not be required to pay any royalty during the first three months of operation. After this period, they can opt for either a fixed royalty of ₹12,000 plus GST per month or a variable royalty of 10% of their monthly sales. Franchisees will not be required to pay any royalty during the first three months of operation. After this period, they can opt for either a fixed royalty of ₹20,000 plus GST per month or a variable royalty of 14% of their monthly sales.
About NeelDavid's Salon
1) The salon:
The salon was founded by a world-renowned celebrity hairstylist and makeup artist from Nepal, recognized internationally for setting haircut records while blindfolded using only a razor and scissors. Through relentless dedication and hard work, Neeldavids has grown into a leading unisex salon brand in Nepal and India, currently operating over 50 franchise outlets. Inspired by individuality, culture, and personal expression, the brand aims to reflect the unique style and personality of every client.
2) Accolades and experience:
- Peace Award, Nepal.
- Gorkha Award, India.
- Asia Pride Award.
3) Franchise and operations:
- The brand also runs an academy that trains students, who are subsequently placed in franchise outlets as skilled staff.
- No royalty will be charged for the first three months of operations.
- The business is expected to start generating profits only after the first six months of operations.
- Revenue figures and EBITDA margins shared are projected after six months of operations.
- No special licenses are required, though each outlet must hold a valid GST registration.
Products and Services
1) Beauty treatments:
- Facial.
- Massage.
- Threading + upper Lip.
- Waxing treatments.
- Professional makeup.
- Nail art.
- Manicure & pedicure.
2) Hair treatments:
- Hair cut.
- Hair highlights.
- Hair color.
- Hair straightening & smoothing.
- Keratin treatment.
- Hair spa.
3) Academy.
- Train our students in all beauty and hair treatments.
Preferred Locations
India.
How to get NeelDavid's Salon Franchise?
You can connect with us on SMERGERS, and we will guide you through the process.
What are some of the things we look for in a Franchisee?
- Be patient and committed to growing the business.
- Take personal interest in daily operations rather than relying solely on staff.
- Choose a prime location for the outlet.
- Have a genuine interest in the beauty and hair industry to effectively manage operations.
- Stay engaged and hands-on to ensure the brand’s standards are maintained.
Support you can expect from the company
- Supply of trained staff from our academy.
- Assistance with digital marketing and promotions.
- Guidance on operations and maintaining brand standards.
- Ongoing training and skill development for staff.
Profile Stats
  • 30+ Page Views
  • 7+ Investor Views

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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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    Frequently
    Asked
    Questions
    • When was NeelDavid's Salon established?
      NeelDavid's Salon was established in 2006 in Siliguri and is reported to have 50 Franchisees currently
    • What is the investment required to take up NeelDavid's Salon Franchisee?
      Investment required ranges from INR 25 lakh - 60 lakh depending on the format offered.
    • What is the space requirement for taking up NeelDavid's Salon Franchisee?
      Space required ranges from 800 - 2000 sq ft depending on the format.
    • What Franchisee formats does NeelDavid's Salon offer?
      NeelDavid's Salon offers 2 formats, i.e Standard Beauty Salon,Signature Beauty Salon.
    • How to get NeelDavid's Salon Franchisee?
      You can connect with us on SMERGERS, and we will guide you through the process.
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