Renowned Unisex Salon For Sale In Chennai
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Product / Service
It is a versatile unisex salon catering to a wide array of services, including hair services, beauty services, a professional makeup and bridal studio, as well as a dedicated focus on nail artistry. It truly embodies the essence of a comprehensive unisex salon experience.
Clientele type
Their clientele primarily consists of individuals seeking a wide range of grooming and beauty services, spanning both men and women of various age groups in the local community. They receive a daily footfall of 15 to 20 people.
Premises
LEASED
Lease per month (in INR): 1.10 L
Security Deposit (in INR): 6.00 L
Carpet Area: 2,000 sq ft
Situated within a bustling commercial neighborhood in Chennai, this establishment enjoys a strategic location that guarantees optimal visibility and effortless accessibility for its customers.
Asking Price Includes
Included in the asking price, The acquirer will receive the entire business, a substantial and loyal client base, as well as the goodwill associated with it. Please note that the deposit is not part of this transaction.
Reason
The promoter needs to manage other businesses, and unable to devote time to the salon.
Other Details
They have a strong customer base in a high-end area.
Within the team, you'll find a store manager, an assistant manager, two male staff members who serve the male clientele, and six female staff members who cater to the female clientele.
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₹10 to ₹200 Cr
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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?
