Prominent Unisex Salon For Sale In Bangalore
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Product / Service
The business operates as a unisex salon offering a wide range of services, including hair care spa, hair styling, skincare and beauty treatments, nail art, bridal services, and an array of other pampering options.
Clientele type
They have over 400 dedicated clients with a footfall of 10-13 new customers daily. Month-on-Month customer base growth rate is standing at 15-20%.
Premises
LEASED
Lease per month (in INR): 300,000
Security Deposit (in INR): 1,400,000
Carpet Area: 1,200 sq ft
They are affiliated with an esteemed international lifestyle brand hailing from France. This franchise, a notable addition to the reputable salon and wellness brand, was established just a few years ago. Nestled in a prime location, it boasts exceptional visibility and easy accessibility, making it the sole premium salon in the vicinity. Their location serves as their primary Unique Selling Proposition (USP).
Asking Price Includes
The asking price covers the entirety of the business, inclusive of all assets valued at INR 60 lakhs, with the exception of the separate franchise fee.
Reason
The current partner is shifting to Mumbai, thus making it difficult to operate the business.
Other Details
Monthly revenue is going strong with an average of INR 9 lakhs per month. Gross margin is also high and is rising due to an increase in customer base. The buyer will get all legal entities with all its assets along with the brand. They also sell hair products and most of the revenue comes from beauty and spa treatments. If someone intends to continue with the same franchise, a distinct agreement will be arranged, incurring an additional cost of approximately 6 lakhs. Alternatively, they have the option to operate independently under their own brand.
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₹10 to ₹200 Cr
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