Products/Service

Unisex salon services

Clientele Type

High end clients, HNIs

Premises

direct, word of mouth

Asking Price Includes

Goodwill and running business, clientele

Reason

Diversifying into another business

Other Details

This Sole Proprietorship business is operational since 2013. They have 2 high-end Salon and Spa Centres located in a Prime Club and a Hotel. Well established with a broad client base and well-groomed staff.
Salon at Club - This was started in 2013. The setup consists of 8 Haircutting chairs, 6 manicure and pedicure chairs, 6 facial stations and 5 spa rooms. Monthly rent is INR 1 lakh and premise area is 3000 sq.ft. Monthly revenue is INR 3 lakhs.
Salon at Hotel- This was started in Aug 2018. The setup consists of 8 Haircutting chairs, 6 manicure and pedicure chairs, 6 facial stations and 5 spa rooms. Monthly rent is INR 40,000 and premise area is 1800 sq.ft. Monthly revenue is INR 1.5 lakhs.
Net profit margin is 50%.
Asking price is INR 36 lakhs.
Set up is not for sale. The acquirer just has to run the existing centers without modifying the setup. The setup is owned by the Club and Hotel.

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