Well-Established Beauty Salon In Business Bay, Dubai For Sale

Description

Two years in business.

Premises

The salon is on the ground floor in Dubai.

Floor area: approximately 1,600 sq ft.

The main salon area is open plan.

• 1 spa treatment room
• Back office
• Reception

Annual rent is AED 299,000, paid in three cheques.

Services

• Eyelash extensions
• Beauty treatments
• Spa services

Team

Seven beauty technicians work at the salon.

• Manager: 1
• WPS status: manager not under WPS

Russian is spoken by members of the team.

Total monthly salaries are approximately AED 25,000. This includes AED 8,000 for management.

Operating Costs

Consumables: AED 5,000–6,000 monthly.

Revenue and Profit

• Monthly revenue: around AED 70,000
• Last annual net profit: AED 27,000–29,000

Customers

Repeat bookings already form part of the salon’s trade.

Growth

• Additional treatments
• More marketing activity

Asking Price

Price: AED 1,000,000

Reason for Sale

The salon was run as a side business. The owner is now changing personal commitments.

Further Information

An NDA is required for the remaining details.