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New Well Furnished Premium Hair Saloon For Sale
Location India
Asking Price Range $500K - $1.0M
Gross Revenues $28046
Net Profit / Cash Flow $71147
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 4 - 5
Inventory yes
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Yes.
Reason for Sale Relocating.
Description This is an exciting opportunity to purchase a long established and well known Hair Salon which occupies a prominent trading position at Koramangala, Bangalore. This Unisex Beauty Salon is ideally located on a busy main commuter route in a well populated area at the heart of the bustling Koramangala 6th Block. The area is a hive of activity throughout the day ensuring the business attracts both regular local and passing trade.
Having successfully operated in the locality for many years, the business has earned a truly enviable reputation with an extensive and loyal client base.
The business operates from the base floor premises which provide deceptively spacious and flexible business accommodation. Beauty Salon is a thriving and highly lucrative business yet is run entirely under management and operates 6 days per week. The business would therefore ideally suit an ambitious hands on operative who can extend the trading hours whilst also introducing additional complimentary services other than nails or beauty. These enhancements will undoubtedly increase the turnover whilst also enabling the additional staffing levels and wage costs to be reduced therefore enhancing profitability from the current turn-over level of INR 3 lakhs per month.
Also included within the sale is the building owners acceptance of ownership and business transfer. With the strong brand awareness already in place we expect to sell this business for INR 50 Lakhs ( 98816.18214 US Dollar) only and look for buyers who fully appreciate this excellent business opportunity, viewing is highly recommended.
Business Features:
Potential to Expand
Prime Location
Running business
Excellent Brand awareness
Terrific potential,
Well presented,
Low overheads.
Reason for sale: Owner returning to Mumbai
Click Here To Contact Seller
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