Luxury Full Sea View Salon For Sale In JBR

Description

Salon business in Jumeirah Beach Residence, Dubai.

Background

• Operating history: less than 2 years
• Area: approximately 1,200 sq ft
• Existing customer base

Premises

• Jumeirah Beach Residence, Dubai
• Full sea view stated
• Existing salon fit-out
• Fit-out stated as completed to Dubai Holding standards

Investment and Fit-Out

• Fit-out cost stated: AED 600,000
• Total project investment stated: AED 1,700,000

Customers

• Customer database: 6,000+
• Customer retention rate stated: 42%
• Google and Fresha reviews stated: 500+

Financials

• Average monthly sales: approximately AED 65,000
• Highest monthly sales stated: AED 75,000
• Monthly expenses stated: approximately AED 45,000

Customer Acquisition

• Existing customer database used for sales
• Active marketing campaigns: none stated

Lease

• Annual rent: AED 220,341
• Rent adjustment: possible discussion with landlord

Transfer

• Ownership transfer subject to Dubai Holding KYC approval
• Commercial zone requirements apply

Asking Price

• Price: AED 850,000
• Payment basis: cash offers only