Well Established Branded Unisex Salon & Spa for Sale in Indiranagar, Bangalore
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About Business
This Sole Proprietorship business is operational since December 2007. The salon is located on the Main road in a prime locality two minutes away from the Metro station and well equipped with all the required salon equipment.
Facilities: 6 Haircutting chairs, 4 Pedicure, 3 facial rooms, 1 Waxing room & 1 Spa room
They have around 100 registered loyal members. Daily customer footfall is around 12-15 and on weekends it goes up to 40. Monthly rent is INR 95 lakhs, security deposit paid is INR 6.5 lakhs and area of the premise is 1,500 sq.ft. Total number of employees working is 10.
The turnover for FY 2017-18 was INR 60 lakhs and the Net Profit margin is 30-40%. Asking price is INR 1 Cr. (includes complete setup, website, stock) (breakdown - furniture, interior, equipments INR 30 lakhs, remaining for Brand value, customer base, running business)
Reason
Migration to the other country
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₹10 to ₹200 Cr
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