Brand New Luxury Unisex Salon For Sale In Bangalore
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Offers a comprehensive range of hair and skin services, including hair styling, treatments, nail services, manicures, pedicures, waxing, facials, HydraFacial, Botox, and bridal makeup, with both hair and skin services contributing equally to revenue.
Clientele type
The salon attracts working professionals, corporate employees, young crowds, and families, with many PG (paying guest) accommodations nearby. It currently holds a 4.9 rating on Google and maintains active Instagram, Facebook, and YouTube pages.
Premises
LEASED
Lease per month (in INR): 65,000
Security Deposit (in INR): 400,000
Carpet Area: 1,050 sq ft
Asking Price Includes
The asking price includes full setup.
Reason
The promoter got H1B Visa and they have decided to relocate out of country for work and they have decided to sell the business.
Other Details
The salon, which started operations in April 2024, has generated over INR 3 lakhs in just 3 months with a team of 4. It is located on the second floor of a high-visibility building in Marathahalli, Bangalore, and covers a built-up area of 1,100 sq. ft. The rental cost is INR 65,000 plus INR 6,000 for maintenance, which is relatively low compared to other commercial premises. The owners have invested a total of INR 62 lakhs to set up the business and are now ready to sell and transfer ownership. The salon is a franchisee of a popular chain that has been in the market since 2018, with over 165 locations. The business pays a 7% royalty on net sales to the franchisor, and the quoted price includes an initial brand fee of INR 6 lakhs. Included in the sale are assets such as a genset, 6 split ACs, salon equipment (cutting chairs, pedicure tubs, hair wash stations, etc.), and other retail products and consumables. The business is 100% debt-free, revenue-generating, and maintains positive cash flows.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- 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 second-line of management?
- Are you going to run the business on 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?
