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Established Gent's Salon In Business Bay For Sale

Business Bay, Dubai, UAE
Asking Price:
AED1,500,000
Sales Revenue:
AED500K - AED1M
Cash Flow:
Available on request

Established in 2015, this fully equipped salon offers a picturesque lake view. With a client database of over 2,000 individuals, including Russians, Europeans, and Arabs, approximately 70% of whom are repeat customers, the salon has established a loyal clientele. Experiencing positive growth, the business's financials are improving steadily on a month-by-month basis. Furthermore, there has been a consistent increase in customer traffic, indicating sustained growth. Operating as a self-managed entity, the salon is led by a skilled and dedicated team that ensures the seamless delivery of services and uphold the salon's reputation for excellence. With its scenic location, loyal clientele, and promising growth prospects, the salon presents an exciting opportunity for prospective investors or entrepreneurs looking to enter the beauty industry.

RFS: The owner is not under pressure to sell the business but remains open to various possibilities. The proceeds from the sale will be allocated towards venturing into other business opportunities.


BUSINESS DETAILS:
Size: 900 sqft
Established: 10 years
Monthly Revenue: 90,000ED
Monthly Expenses: 70,000AED
Monthly Profit: 20,000AED
Yearly Rent: 178,000AED/ yearly
Staffs: 8 well-trained staffs
Selling Price: 1,500,000AED

SALON FEATURES:
• 6 Hair Stations
• 1 Hair Wash
• 1 Mani & Pedi Station
• 1 Massage room
• 1 Waxing & Facial room

For further details & viewing, please feel free to contact us!

Note: Actual images will be shared with you upon signing the NDA. This ensures the confidentiality of sensitive information and allows you to have a clear visual understanding of the salon's facilities and surroundings.

Property Information

Real Estate:

Lease

Location:

Business Bay

Size in square feet:
900

Business Operation

Expansion Potential:

The business has ample room for growth and development beyond its current state. There are opportunities to expand its operations, reach new markets, introduce additional services or products, or even diversify into related industries. With strategic planning and execution, the business can unlock its full potential and achieve greater success in the future.

Reasons for selling:

The owner is not under pressure to sell the business but remains open to various possibilities. The proceeds from the sale will be allocated towards venturing into other business opportunities.

Trading hours:

9am-11pm

Employees:
8
Years established:
10

Other Information

Support & training:

The owner is committed to providing support and assistance throughout the transition period.