Newly Established Branded Beauty Salon Franchise for Sale in Bangalore
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This sole proprietorship business is operational since January 2018. It's a unisex salon providing hair, skin and beauty care services to men, women, and kids and located on 1 st floor in a premier locality in Bangalore. The salon is fully furnished and well equipped with all the required salon equipment.
- The franchise agreement is valid for 5 years of which only 8 months has been completed.
- The buyer also has the option to run this as a standalone salon.
- They have a database of 600 clients.
- They have 6 Hair stations, 2 Shampoo stations, 3 Facial room, 1 Bridal room, 3 Pedicure station, Nail art section.
The salon has a daily footfall of 5-6 on weekdays and 7-15 on weekends. Monthly rent is INR 95,000 and area of the premise is 1700 sq.ft. The total number of employees working are 6.
- The sales figures have increased for the current FY as they were in the development stage after establishment in Jan 2018, and are generating steady revenue from this year.
Monthly revenue is between INR 2.75 lakhs to 3 lakhs. Asking price is 45 lakhs. (Promoter invested INR 70 lakhs in setting up this business) (any additional info required is available on request)
Reason
Moving out of India
₹10 to ₹200 Cr
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