1. Businesses
  2. Personal Services
  3. Tamil Nadu
  4. Chennai
  5. SL006931
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Successfully Running Branded Unisex Chain of Salon & Spa for Sale in Chennai

Listing ID: SL006931
Posted By: Owner
Last Active: 1+ year ago
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About Business

Branded unisex salon & spa with all Advanced Hair-&-Beauty services, Skin treatments, Massage & Bridal Makeups.

Clientele type

Advanced Hair-&-Beauty services, Skin treatments, Massage & Bridal Makeups.

Premises

Google, Justdial, Facebook pages, High-tech salon software with mobile billing & tracking, Posters, Banners, Bill-board, Main location.

Asking Price Includes

Brand name transfer, Running business, No monthly Franchisee fee, 8 Well trained staff, Premise including all interior decorations & fittings, All salon furniture, fittings & accessories, All hair-&-beauty products, Marketing support, Client database & reports.

Reason

Owner unwell, hence selling the business

More Details

- Running successfully since March 2016 in Chrompet.
- Excellent rating on Google, Justdial & Facebook pages.
- Total no. of well-trained staff - 8 (2 Male Sr. stylists, 3 Female Sr. stylist, 1 Therapist, 1 Manager, 1 House cleaning).
- Client walkins per month - 350-400 (with 250 regular clients). Total client base - 4000.
- Carpet area - 1650 SQFT with Luxurious ambiance, Spotlights & posters.
- Rich interiors, Spacious Spa room with attached bathroom, Huge Unisex area, Separate Female section, 4 Facial rooms, Reception waiting area & Separate wash-room.
- Salon furniture & equipment - 7 hair cutting chairs, 2 Hair wash chairs, 3 pedicure stations, 2 massage beds, 4 facial beds, 3 sofas, 1 Micro derma skin treatment machine, 2 Head massagers, Face steamers, Makeup suitcase & all salon gadgets.
- 6 ACs, 1 HD TV, 1 washing machine, 1 Desktop with printer, landline & broadband.
- Marketing - Salon software will mobile billing, client database & reports. Justdial subscription.
- Monthly rent - INR 1 lakh. Security deposit - INR 10.5 lakhs.
- Turnover - INR 40-45 lakhs / annum. Profit margin - 40-50%.
- Asking price - INR 30 lakhs
Security deposit not included in Ask Price

Keywords

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Business Tags

Branded Unisex chain of Salon & Spa

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a Successfully Running Branded Unisex Chain of Salon & Spa for Sale in Chennai, check:
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  • 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 a second-line of management?
  • Are you going to run the business on a 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?

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