Reputed and Profitable High-End Unisex Spa and Salon Business for Sale in Bhavnagar
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Unisex salon services
Clientele type
High end clients, HNIs
Premises
direct, word of mouth
Asking Price Includes
Goodwill and running business, clientele
Reason
Diversifying into another business
Other Details
This Sole Proprietorship business is operational since 2013. They have 2 high-end Salon and Spa Centres located in a Prime Club and a Hotel. Well established with a broad client base and well-groomed staff.
Salon at Club - This was started in 2013. The setup consists of 8 Haircutting chairs, 6 manicure and pedicure chairs, 6 facial stations and 5 spa rooms. Monthly rent is INR 1 lakh and premise area is 3000 sq.ft. Monthly revenue is INR 3 lakhs.
Salon at Hotel- This was started in Aug 2018. The setup consists of 8 Haircutting chairs, 6 manicure and pedicure chairs, 6 facial stations and 5 spa rooms. Monthly rent is INR 40,000 and premise area is 1800 sq.ft. Monthly revenue is INR 1.5 lakhs.
Net profit margin is 50%.
Asking price is INR 36 lakhs.
Set up is not for sale. The acquirer just has to run the existing centers without modifying the setup. The setup is owned by the Club and Hotel.
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?
