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Ladies Salon

US$ 14 800  
  • Listing type: 
    Sale of an established business
  • Business status:
    Running
  • Revenue (per month):
    US$ 5 020
  • Cash Flow (per month):
    US$ 5 020
  • Payback period (years):
    0.2
  • Established in:
    2005 (business age in years 21)
  • Employees:
    4
  • Type: 
    Owner
LK931759
05.05.2022 at 12:50   Last verified: 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.

  • Business Features:
    • Home-based
  • Units:
    Operating business, Staff, Tangible assets, Training and support

Geography and location

  • City:
  • Location characteristics:
    • In a residential area

Transaction terms

  • Price:
    US$ 14 800
  • Deposit (payment in advance):
    25%
  • Timeframe for the deal:
    Deal is possible until 31 May 2022   

Financial information

Monthly averages:

  • Cash Flow (per month):
    US$ 5 020
  • Revenue (per month):
    US$ 5 020

Ratios:

  • Price/Revenue:
    0.23x
  • Price/Profit (payback period in years):
    0.2x

Corporate issues

  • Legal form:
    Private company
  • Number of owners:
    1
    • There are passive owners
  • Share for sale:
    Entire
  • Reason for selling:
    Other
  • Further comments on the reason for selling:
    Retirement.

Staff

  • Number of employees:
    4
  • Additional information on employees:
    Highly trained in all aspects, motivated, friendly and reliable.

Characteristics of tangible assets

  • Appraised value:
    US$ 15 061
  • Tangible assets and working capital included in the asking price:
    • Equipment
    • Inventories
    • Furniture

Training and support

  • Help and support the seller is ready to provide:
    • Financial advice and assistance
    • Investment planning
    • Liquidity planning
    • Bank assistance
    • Leasing offer / Brokerage
    • Organisational assistance
    • Purchasing system
    • Organisation / Management
    • Bookkeeping
    • Advice on recruitment
    • Marketing concept / Suggestions
    • Large-scale customer acquisition
    • Protection against competitors
    • Training and consultations
    • Primary training
    • On-the-job training
    • Startup training

Additional information

  • 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.
  • 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.
  • Working hours:
    9
  • 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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