Running Hair & Beauty Studio Giving Franchises In Tamil Nadu
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About Business
Services offered include:
- Hair Replacement
- Hair Fixing
- Hair Wigs
- Hair Extensions
- Hair Spa
Clientele type
Their clients include VVIPs, VIPs, Film Stars, Common People, they also have tie-ups with Apollo.
Premises
LEASED
Lease per month (in INR): 1.02 L
Security Deposit (in INR): 8.00 L
Carpet Area: 2,450 sq ft
They have two branches both are in Chennai.
Asking Price Includes
They are offering franchise with all the equipment and setup.
Reason
They aim to expand their business by adding branches and franchises all over Tamil Nadu.
More Details
They provide all professional services at affordable and moderate costs, and they have quickly gained traction in the industry.
They started this business in 2022 and within a year, recognizing its potential, opened another outlet in 2023. With a team of 9 members and 3 partners
Their first shop spans 1300 sq. ft with a rent of INR 60,000 and a security deposit of nearly INR 5,00,000. It generates a yearly revenue of INR 72,00,000.
The second shop covers 1150 sq. ft with a rent of INR 42,000 and a security deposit of nearly INR 3,00,00,000, bringing in a yearly revenue of INR 40,00,000.
Combined, they achieve a total annual revenue of INR 1,02,00,000.
Now they want to expand their branches everywhere and start their franchisee model.
Keywords
₹10 to ₹200 Cr
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