Spa for Sale in Riyadh, Saudi Arabia

- Company operates a one-stop-shop for beauty services with a spa, salon, and own brand of organic beauty products.
- Spa and salon are in the same facility, which is located in a commercial area on the main street of Riyadh, nearby restaurants and cafes.
- We are a local brand with a unique business model which contains the full experience from buying the products and experimenting with experts.
- The purpose is to be a one-stop-shop of a day spa and salon with a new concept in the region to do hair, nails, face, and body services with customized and organic products created from the same brand that is approved by SFDA.
- We formulate the products for our brand and outsource the manufacturing to a third-party production unit.
- From a business model view, we have diversification of revenue and generate growth by building the brand name through high-quality service and product offerings. In addition to our existing revenue streams, we recently started selling our products through our own e-commerce platform.
- On average, we receive a daily footfall of 27 clients.
- Facility has the capacity to serve 100 clients per day.
- Brand has a good social media presence with over 12k followers on Instagram.
- Revenue split: The majority of our revenue is generated from spa services (60%), followed by salon (30%) and own-brand products (10%).
- Due to COVID restrictions, we are currently only operating the salon and the spa services are temporarily shut down.