Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The salon currently enjoys a monthly revenue ranging between ₹50,000 and ₹100,000, with a gross profit margin of ₹100,000 to ₹200,000, and a net profit ranging from ₹50,000 to ₹100,000. The business is fully equipped and ready for a new owner to step in and continue its successful operations.
The current owner is selling the business due to relocation abroad, making this a prime opportunity for an enthusiastic buyer looking to enter the beauty industry or expand their existing portfolio. The monthly rental fee for the premises is ₹98,000, and the rental deposit is not included in the selling price, providing flexibility for the new owner.
The selling price for this valuable asset is set at ₹5,000,000, with room for negotiation, allowing for potential buyers to discuss terms that suit their budget.
This salon is ideal for buyers who are passionate about the beauty industry and are looking for a thriving business with strong customer relationships in place. With the right marketing strategies and management, there is significant growth potential for this salon in the vibrant Chennai market.
Don’t miss out on this opportunity to own a reputable beauty salon in a prime location.
Facilities
Fully fitted and operational branded salon facility with professionally designed interiors and ready-to-use salon infrastructure. The business includes salon furniture, fixtures, service stations, customer reception/waiting area, essential salon equipment, electrical and lighting infrastructure, air-conditioning and other operational fittings.
The business is available as a ready-to-operate setup, allowing the buyer to take over an established salon infrastructure without setting up a new outlet from scratch.
Competition
The salon operates in a competitive beauty and personal-care market, with competition from independent salons, established branded salon chains, local beauty studios and other franchise outlets in and around the Perumbakkam/OMR area.
The key competitive factors include brand reputation, service quality, pricing, customer experience, staff expertise, location, convenience and customer retention. Future competition may increase as new salons and beauty-service businesses enter the growing residential catchment.
The established salon setup, existing brand presence and operational infrastructure provide a ready platform for the incoming owner to compete in the local market.
Expansion Potential
The business has potential for growth by increasing customer acquisition and retention, expanding service offerings, improving local marketing and digital presence, and increasing revenue from existing salon capacity.
With an additional investment of approximately ₹8 lakhs, the new owner could explore interior upgrades, additional equipment, marketing, customer acquisition initiatives, staff development and introduction of new services, subject to the franchisor's approval and applicable franchise guidelines.
The existing operational setup provides a foundation for the buyer to scale the business without having to establish a salon from scratch.
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