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  5. SL005911
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Newly Established Salon Franchise for Sale in Bangalore

Listing ID: SL005911
Posted By: Owner
Last Active: 1+ year ago
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About Business

unisex salon

Clientele type

everyone

Premises

word of mouth

Asking Price Includes

Furniture, flooring, interior, salon equipments value INR 35 lakhs, refundable deposit of INR 10 lakhs, franchise fee INR 8 lakhs, other electronic assets, cosmetic stock INR 10 lakhs

Reason

lack of working capital

More Details

Started in January 2019, it is a unisex salon based in one of the prime localities, located on 1st floor of a complex and surrounded by high-end residential apartments and commercial complexes.
The premise is equipped with 8 salon chairs, 2 hair spa stations, 2 manicure-pedicure stations, 1 Bridal chair, 2 facial rooms, 2 Body spa rooms. They have 3 staff working. The services provided include all kinds of hair, skin and beauty treatments.
It is set up in a leased premise of 1800 sq. ft. with a monthly rental of INR 1 lakh. Security deposit paid is INR 10 lakhs.
The average monthly turnover is INR 1 lakh without doing any marketing.
The Asking price for this business is INR 60 lakhs.

Keywords

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Business Tags

Quality Products with Brand name

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

Contact IBGrid Team

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Before buying a Newly Established Salon Franchise for Sale in Bangalore, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • 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?
  • What decisions are to be taken to improve the profitability of the business?
  • 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?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

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We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

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