Spa and Salon Business for Sale in Bangalore
Product / Service
It is a luxurious salon and spa for sale in Bangalore. Started in 2012, it is located in a perfect location for a business as it is surrounded by many high-rise apartments and is near the main road. The facilities available include 5 hair cutting chairs, 3 spa and facial rooms, 1 steam room, 2 pedicure rooms, 1 office, a small kitchen, CCTV cameras, etc.
The buyer can start his own business from day one itself, with a strong team. It is a newly established space with good turnover. The opportunity is appropriate for someone willing to invest today and start earning from tomorrow.
The asking price for the business is INR 30 lacs.
Reason
The owner is moving out of the city and hence wants to sell the business.
Keywords
Business Tags
₹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?