Brand New Luxury Unisex Salon For Sale In Bangalore
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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): 65.00 K
Security Deposit (in INR): 4.00 L
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.
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₹10 to ₹200 Cr
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