Branded Unisex Salon Franchise for Resale in Kodambakkam, Chennai

Available on Introduction
Listing IDSL004007 Ticket Size50 Lakh-1 Crore Last Year TurnoverINR 8,500,000 Verification Status Pending
  • Branded Unisex Salon Franchise for Resale in Kodambakkam, Chennai

Business Details

The Running salon business started in the year 2014. The salon is located at the prime spot in Kodambakkam which covers both residential and commercial sides as well. It is a franchise of well-known brand The premise is on lease and monthly rent is INR 84,000. Total carpet area size is 2200 Sq ft. During marriage and festival seasons monthly turnover goes up to INR 8 Lacs per month and The average turn over per month is INR 7 Lacs and the maximum monthly commitment (including all the expenses) would be 5 Lacs(including 10% royalty fees). Last year's turnover was INR 85 Lacs and the profit was INR 20 Lacs. The asking price of the business is INR 85 Lacs(negotiable)

Last Years Gross ProfitINR 2000000 EBITDAAvailable on request
Total Views462 Last Active2+ months ago
IndustryServices (Other) LocationChennai
Entity typePrivate Limited Started in 2014
Transaction TypeFull Sale Employees1-10
ReasonRelocating to another place

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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