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  5. BB006033
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Hyderabad Based Well Known Men's Salon Chain Seeking Investment for Expansion

Listing ID: BB006033
Posted By: Third party
Last Active: 1+ year ago
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About Business

This Salon is operational since 1924. They have 2 Branches operating in Hyderabad.
Both the branches have 7 chairs each. Combined daily footfall is 80-100.
The owner plans to open Unisex Salon with 3 branches in Hyderabad having chairs between 30-50. He has identified high visibility locations for these 3 branches.
Turnover FY 2018-19: INR 12 lakhs with net profit margin 60-70%.
The Promoter is looking Investment of INR 50 lakhs. (any other details required will be shared with Serious Investor)

Reason

Expansion

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