Profitable Unisex Salon for Sale in Bangalore
Email
Phone
Google
LinkedIn
Facebook
About Business
This sole proprietorship business is operational since 2017. Its located on Rajajinagar- the main road with two floors (1st & 2nd floor). The men's salon is located on 1 st floor and women's salon on the 2nd floor. The salon is fully furnished and well equipped with all the required salon equipments.
Mens Facilities: 2 facial chairs, 5 haircutting chairs, 1 pedicure station, 1 hair wash station.
Womens Facilities:: 3 facial chairs, 3 hair cutting chairs, 2 pedicure station, 2 hair wash station.
The salon has a daily footfall of around 10-15 customers. Monthly rent is INR 65,000 and area of the premise is 1500 sq.ft. Total number of employees working are 9.
The turnover for the FY 2017-18 was INR 32 lakhs with a net profit of 5-6 lakhs. Asking price is 30 lakhs. (all inclusive) (breakdown- Interior INR 22 lakhs, 9 ACs INR 5 lakhs, furniture INR 6 lakhs, miscellaneous INR 8 lakhs )
Clientele type
Individual
Premises
direct, through references
Asking Price Includes
business, clients, equipments, etc
Reason
Venturing into other business and not able to focus on this business
More Details
located at rajajinagar
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted 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. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. 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.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- 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 second-line of management?
- Are you going to run the business on 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?
