Profitable Unisex Salon for Sale in Hyderabad
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This Sole Proprietorship business is operational since 2014. This Luxurious salon enjoys a very reputable position in the market and well equipped with all the required salon equipment. The saloon is set up with INR 1 Cr investment on interiors and equipment and other things. It’s a superb profitable business with a minimum ROI of 10%.
Facilities: 10 Haircutting chairs, 4 Pedicure & Manicure stations, 4 facial rooms. They also provide Bridal Packages.
Daily customer footfall is around 20. Monthly rent is INR 1.56 lakhs, security deposit paid is 6 months advance and the area of the premise is 4600 sq.ft. Total number of employees working is 15.
The salon used to generate INR 15-18 lakhs a month but now as the owner is busy with other things business fell to INR 13 lakhs officially apart from cash. The turnover for FY 2017-18 was INR 1.5 Cr and the Gross Profit was approx. INR 90 lakhs. Asking price is INR 1.5 Cr. (includes complete setup) (breakdown - furniture, interior, salon equipment, customer base, running business) (Any other info required is available on request)
Reason
As the owner is busy with her kids future she cannot concentrate and hence planning to sell
Keywords
₹10 to ₹200 Cr
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