Newly Established Beauty Salon Seeking Loan in Bangalore, India

- Seeking to establish a unisex franchisee beauty salon under a leading Indian salon brand in Bangalore.

- Offers a range of services such as facials, hair services, nail services, pedicures, and manicures.

- The business is a franchisee under a leading Indian salon brand and has advanced tie-ups with premium brands such as L'Oréal, Schwarzkopf, and GK Professional.

- The franchise requires a brand fee of INR 6.5 lakhs with a monthly payment of 10-15% of the gross sales to be made to the brand company.

- The franchise agreement period is for 5 years and is renewable.

- The business has plans to enter the kids salon sector.

- The personalized packages curated by the brand company cater to all communities.

Unisex franchisee beauty salon.

Services include facials, hair services, nail services, pedicure, manicure etc.

All the services provided will be in-store.

Physical assets includes the salon equipment and materials procured till date.

Identified a 1,500 sqft ground floor building in South Bangalore.

Lease will be under the name of single owner now.

New business initiation with a total business amount is INR 65 lakhs for setting up the business including franchise cost.

At present only one shareholder is involved in the business and plans to shell out a 50% stake in this.

Request is to as silent partners / active partners and provide financial support/management support.