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Beauty Salon for Sale in Surabaya, Indonesia

Leading barbershop in Surabaya with 7 owned outlets and 3 franchises for sale.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 256 thousand
EBITDA Margin 40 %
Industries Beauty Salons
Locations  Surabaya
Local Time 11:50 AM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 213 thousand (Native Currency: IDR 3,500,000,000)
Reason: We don't have much time to take care of this business. Because of the pandemic, I have to make thing... View More
Includes physical assets worth USD 91 thousand
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Business Overview
- We are one of the first barbershops in Surabaya.
- We also have the first black mask treatment that now is being used by every barbershop in Indonesia.
- Business has a newly renovated store with a new concept that is clean and elegant for men.
- A single branch receives 25-40 customers daily.
Products & Services Overview
Our services include-
Haircut.
Massage.
Black face mask.
Shaving.
Hair tattoo.
Assets Overview
Physical assets include all interiors, cutting tools, furniture, and cosmetics such as shampoo, soap, and skincare for 7 branches.
Facilities Overview
We have approx 10 branches, in Surabaya, Jakarta, Aceh, Malang, and South Borneo.
3 of these are franchises and are not included in the transaction.
Rest 7 branches are owned by us and are included in the transaction.
All the facilities are leased.
Capitalization Overview
So this company started with 9 owners, and now there is only 1 owner (and his family).
We don't have any debt, but we still have some branches that need to be renovated. Since 2014, we are the leading barbershop. But when covid time, we lost 50% of our customers. Right now, slowly, they come back and we provide them with a new concept.
So the owner is 1 family and consists of 4 people inside.
Recent Activity
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8 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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