Salon Business Raising Funds In Bangalore
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About Business
They offer a wide range of services, including hair and beauty treatments, chemical services, nail and hair extensions, makeup, and more. In addition to salon services, they are also involved in retail products.
Clientele type
The major clients they cater to are house wives, students and locals.
Premises
They have over 70 salons operating across Bangalore, Hyderabad, Mysore, Shivamogga, Tumakuru, and other nearby cities.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 100.00 Cr
Minimum ticket size
INR 50.00 Cr
Reason
The owner is seeking to raise funds to complete the construction of 40 new centers, which are currently halfway done.
The funds will also be used for further expansion across Karnataka as they have received numerous franchise inquiries, highlighting strong market interest in their brand.
More Details
It is a Bangalore-based company with ambitious growth plans run by 2 directors. Their future goal is to expand operations to 120 centers, targeting a daily revenue of INR 24 lakh (calculated as 120 centers x INR 20,000 per day).
Additionally, they are actively franchising their business and have established multiple franchise models in Bangalore and other cities.
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₹10 to ₹200 Cr
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