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Running Salon Available For Takeover For Sale

Chennai, Tamil Nadu, India
Asking Price:
Under $100K (USD)
Turnover:
Under $100K (USD)
Net Profit:
Under $50K (USD)

Established franchise salon in Perumbakkam, Chennai, available for takeover. The business offers a fully fitted and operational salon setup with branded infrastructure, furniture, fixtures and salon equipment. The outlet benefits from an established presence in a growing residential catchment and provides an opportunity for an entrepreneur to take over an existing salon rather than build one from scratch.

The business has further growth potential through local marketing, customer acquisition and retention, service expansion, operational improvements and an additional investment of approximately ₹8 lakhs. The transfer of the franchise is subject to the required approval and formalities of the franchisor.

Property Information

Real Estate:

Lease

Living Accommodation:

Yes provided for Boys and Girls

Location:

Chennai

Premises Details:

First floor

Size in square feet:
1,200

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Moving abroad and wont be able to manage the business

Trading hours:

9 am to 9 pm

Employees:
10
Years established:
2015

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Yes