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Ladies Salon
LKR4 910 000
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Form:Sale established business
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Activity:Running
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LKR1 666 667
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LKR1 666 667
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Payback period (years):0.2
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Established in:2005 (business age in years 20)
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Employees:4
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Type:Owner
LK931759
Relevance check: 05.05.2022
Business description
Premier ladies only salon in Colombo 3 Sri Lanka for sale with all equipment, stocks, staff and clientele with residential facilities and equipment upstairs for immediate occupation.
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Business Features:
- Home-based
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Units:Operating business, Staff, Tangible assets, Training and support
Geography and location
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City:
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Location characteristics:
- In the residential area
Transaction terms
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Price:LKR4 910 000
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Deposit (payment in advance):25%
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Timeframe for the deal:Deal is possible until 31 May 2022
Financial information
Monthly averages:
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Cash Flow (per month):LKR1 666 667
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Revenue (per month):LKR1 666 667
Ratio:
Corporate issues
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Legal form:Private company
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Number of owners:1
- Passive owners
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Share for sale:Entire
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Reason for selling:Other
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Further comments on the reason for selling:Retirement.
Staff
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Number of employees:4
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Additional information on employees:Highly trained in all aspects, motivated, friendly and reliable.
Characteristics of tangible assets
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Appraised value:LKR5 000 000
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Tangible assets and working capital included in the asking price:
Training and support
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Help and support that seller is ready to provide:
- Financial advice and assistance
- Investment planning
- Liquidity planning
- Bank assistance
- Lease offer / Mediation
- Organisational assistance
- Purchasing system
- Organising / Management
- Bookkeeping
- Advice on recruitment
- Marketing concept / Suggestions
- Large-scale customer acqusition
- Protection against competitors
- Training and consultations
- Primary training
- Training at the company
- Startup training
Additional information
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Competition in the market:We are exclusive and have a loyal client base of around 300 regulars and plenty of walk ins who become regular.
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Business growth potential:Double in a short span of around an year if you put your self in to it and build a franchise with necessary capital and expertise.
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Working hours:9
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Other important information:Profitable even during slow down due to coving because of client base. New owner might need to hire more staff due to demand.
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