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Beauty Salon Seeking Loan in Paramaribo, Suriname

Beauty salon located in a premium location seeks investment to build a second branch.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 30 - 40 %
Industries Beauty Salons
Locations  Paramaribo
Local Time 3:01 AM America / Paramaribo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 85 thousand for 10.0% annual interest, 10 years (Native Currency: SRD 2,900,000)
Reason: Seeking loan to build another branch of our business.
Collateral Available: USD 160 thousand
Includes physical assets worth USD 160 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We are in the business of a beauty salon and our brand is well placed in the city.

- Average footfall is around 15 customers on a daily basis.

- Promoters have experience of around 18 years in this business.

- We have selected the location for our second branch in a new area of the town and want to construct a single storey building consisting of 3 units.

- One unit will be utilized by us and the other two units will be leased.

- Physical assets value owned by us is higher than the loan amount we are seeking because we want to open a second branch without selling the first one.

Products & Services Overview

Waxing service, waxing training, pedicure and Brazilian beauty products sale.

Assets Overview

Owned land and building, machines and inventory.

Facilities Overview

Owned store of 110 square meters located in the city center.

Capitalization Overview
Not Disclosed
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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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