A Profitable Family Salon for Sale in Visakhapatnam
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About Business
Haircuts, pedicure, manicure, facial, spa, cleanups
Clientele type
walk-in customers
Premises
News paper, social media and local advertising
Asking Price Includes
complete premise set-up, deposit, brand name
Reason
due to personal issue not able to continue
More Details
This well-established salon business is operational since 2016.
It has a carpet area of 2300 sqft.
It has a great ambiance, wonderful staff, and great reviews on social media.
It is fully equipped with 6 haircut stations, 2 spa rooms, 2 facial rooms, 2 pedicure rooms, 3 hair wash stations, staff room, stock room, and an office room, and a generator for power back-up.
The owner took a franchise with a 3-year agreement which ended on February 2019, now the owner runs the salon with its own brand name.
Monthly rent of the premise is INR 1.2 lakhs. security deposit is INR 5 lakhs.
Turnover for the year 2018-19 was approx INR 70 lakhs.
Asking Price is INR 55 lakhs. (negotiable).
Keywords
Business Exit for ₹10 Cr – 200 Cr
Structured Transition Completed in 120 Days
Credible Buyer Connections, Confidential Discussions, and Seamless Closure
Supported by Advisors with 26+ Years of Experience
