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  5. SL004007
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Branded Unisex Salon Franchise for Resale in Kodambakkam, Chennai

Listing ID: SL004007
Posted By: Owner
Last Active: 1+ year ago
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About Business

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)

Reason

Relocating to another place

Keywords

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Business Tags

Good customer base Good Location Good reputation Unisex Salon Well-known Franchise Brand

₹10 to ₹200 Cr

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Before buying a Branded Unisex Salon Franchise for Resale in Kodambakkam, Chennai, check:
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
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  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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