Salon & SPA
Business for Sale Information
Location and Size
- *Location:* Dubai Silicon Oasis
- *Size:* 2,010 sqft (Rare retail size in the area with an exceptional landlord, offering unmatched rental rates in DSO)
Rooms and Facilities
- *Reception Area:* Standalone with retail space
- *Hair Salon:* 4 chairs, 2 shampoo stations
- *Nail Salon:* 6 mani-pedi stations
- *Wet Area:* 2 steam showers, 3 guest wash basins, 2 guest toilets
- *Waiting Room:* 3 chaise lounges
- *Treatment Rooms:* 5 total
- 2 with shower cabins
- 1 with jacuzzi
- 2 with openable door for combined treatments (mother-daughter or friends)
- *Pantry:* Staff seating, beverages, appliances
- *Store/Office Room:* Space for 2 tables, extensive shelving for product storage
Financial Details
- *Annual Rent:* AED 175,000
- *Payment Terms:* 6 cheques
- *Tenancy Expiry Date:* 28th February 2025
- *License Expiry Date:* 14th September 2024
Staffing and Operations
- *Current Staff:* 7 (Recruitment ongoing)
- *Staff Salaries:* Currently AED 26,000 (due to understaffing)
- *Visas Available:* 17
- *Annual Expenses:* AED 350K (including tax and non-tax expenses)
Financial Performance
- *Monthly Revenue:* Varies; current annual turnover is AED 800,000 (April 2023 to March 2024)
- Previous years: Over AED 2 million
- All financial records and client details available in system software
- *Profit Margin:* Currently 50%, previously over 150% when owner was present
- *Parking:* 3 dedicated spaces, additional visitor parking managed by agents
- 2 spaces rented to parking agent, visitor parking adjustments against rent
- *Utilities:* Unlimited water usage (free since inception), electricity charges only
- *Inventory:* Extensive inventory of professional and retail products
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- Ready-to-operate business with potential for immediate earnings
- *Initial Investment:*
- * 2012* AED 1.8 million
- *Interiors:* AED 750,000
- *Owner's Net Price:* 1.5M AED
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- *Remarks:* Ideal for a passionate owner who can be physically present.
This detailed overview should provide potential buyers with a comprehensive understanding of the business, its financials, and operational setup.
Note:
Contact for more information regarding viewing and financials.
Original pictures can be shared to our respective buyers only after signing NDA
