1. Businesses
  2. Personal Services
  3. Andhra Pradesh
  4. Visakhapatnam
  5. SL006561
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A Profitable Family Salon for Sale in Visakhapatnam

Listing ID: SL006561
Posted By: Owner
Last Active: 1+ year ago
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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

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