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Listing ID: 2834898

Ladies Beauty Lounge In Dubai For Partnership Or For Sale

karama, Dubai, United Arab Emirates

AED 450,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: AED 45,000

Cash Flow: AED 50,000

Business Description

Ladies salon, located in Karama , commenced in 2017 is for SALE OR PARTNERSHIP.
DETAILS :
- It’s a full license for hair beauty spa nails and Henna.
- Location : on the main road with ample of paid parking.
- Interiors : very well done, with no touch up needed and extremely cleaned maintained.
- Total area : 1200 sq ft : 3 hair cutting chairs, 1 backwash, 2 pedicure chairs, 2 manicure tables, 3 spa rooms, morrocan bath and a dress area, pantry, reception and washroom.
- No of staff : 6.
- Rent : 125k annual (next cheque due on 25th May 2018)
- Salaries : 19K monthly
- Dewa : approx. Aed 400 – 700 monthly
- Current monthly average business : Approx 45k
- Staff : Vietnam, Phillipines and Indian.
- Sponsor fees : 10k
- Stock : will last for next 4 – 6 months. Overall monthly additional expense on stock approx. : Aed 400/- (as need be).
- Customer database : plus 700 customers and additional odd 100 local customers for home services.
Major account : Emirates Airline staff and some renowned bloggers flowing us. We have an active FB page and Instagram account as well as snap chat. Salon is also registered on some online salon platforms as well as google.

IMPORTANT :
If it’s a buyout, the Royalty we are looking for is Aed 450k, slightly negotiable.
I am also comfortable to induct an ACTIVE partner who has ways and means of growing and manage the business and the cost is AED 300k.

REASON FOR SALE/PARTNERSHIP:
I have a job to attend hence it has been very difficult to even make a single trip physically to the salon any given month.
Currently managed by the staff, and I manage the social media and new customers and overall quotes remotely and or seldom visits to the premises, hence an active partner is a must if not sale.
Home services have been just introduced, and to manage the same is not possible with my busy schedule.
I am open to 2 instalments on the sale price, with the license transfer upon the entire payment done.

Since I have mentioned all the required details in here, I sincerely request ONLY SERIOUS BUYERS TO CONTACT PLEASE.

Property Details

Size:

1200 Sq Ft

Years Established:

2017

Property Type:

Lease

Real Estate Value:

AED 125,000

Other Details

Premise Details:

1200 sq ft total buildup area

Competition:

Its on the main road with ample of paid parking

Expansion Potential:

henna aesthetic slimming

Operation Details

Employees:

6

Trading Hours:

1000 - 2100

Support & Training:

Yes for a month after sale

Miscellaneous

Reason For Selling:

Difficult to make time for the salon

Contact this seller

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