Newly Established Beauty Salon for Sale in Dubai, United Arab Emirates
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | USD 130 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Beauty Salons |
Locations | Dubai |
Local Time | 7:48 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The salon is well-equipped with 3 hair stations, 2 manicure stations, and 2 pedicure stations.
- The salon receives a daily walk-in of 10-15 customers out of which more than 90% are repeat customers.
- It has a strong online presence with over 8,000 Instagram followers and a 4.8-star rating from 59 Google reviews within just 4 months of operation, attributed to the promoter's prior experience as a marketing manager for 5+ years.
- The buyer has an opportunity for knowledge transfer from the owner, who is willing to stay on for 2 weeks to provide insights and strategies related to marketing, enhancing the business's potential for growth and continued success.
- The salon has modern and aesthetically appealing interiors with a focus on using premium products such as L'Oréal, Well, Keratese Paris, and Schwarzkopf, ensuring high-quality services for customers.
- The business benefits from two dedicated parking spaces, enhancing convenience for customers and potentially attracting more clientele.
- There is no reported revenue since the business has only been operational for a few months this year and the average revenue per month is steadily increasing as well.
The salon's main intangible asset is its strong organic social media following.
The rental agreement is in place for 3 years during which the rent cannot be increased.
The quarterly rent paid is AED 34,200 which comes with 2 allotted parking areas.
There are no loans and liabilities as a part of the business.
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Earlier than 15 daysOwner, Barber Shop, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, Business Consultancy, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMarketing Manager, Cosmetic Retailer, Dubai, Individual Investor / Buyer connected with the Business