6.5 / 10
 Paramaribo

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

Key Business Facts
Yearly Sales USD 45 thousand
EBIDTA Margin 30 - 40 %
Industries Beauty Salons
Locations  Paramaribo
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.
Seeking Loan
USD 90 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 170 thousand
Includes physical assets worth USD 170 thousand
Interested to connect with advisors

Contact Business