The business was established in 2,023. The new owner took over last year and reopened the salon after two months of renovations. Significant changes were necessary as the previous owner did not offer hair services. The salon officially started operations in April, but due to the temporary closure, some clients had switched to other salons. However, within the first month and a half of reopening, it quickly began to regain its footing, and clients started returning. The business has a wide database of existing clients on both Instagram and WhatsApp, which took the previous owners 2 years to build. Additionally, the rent is paid through October 2,024. This is a fantastic opportunity for entrepreneurs looking to start their own salon business without having to build everything from scratch.
BUSINESS DETAILS: Established: Since 2,022 Location: Jumeirah Salon Size: 850 sq ft Yearly Rent: 30,000 €(Covered until Oct.) Monthly Revenue: 15,000 €Monthly Expenses: 6,250 €Monthly Profit: 8,750 €Number of Staffs: 4 well-trained staffs Tenancy Validity: until 2,025 (renewable) Selling Price: 750,000
Salon Facilities & Features: • 2 Hair Stations • 1 Hair Wash • 2 Nail Stations • 1 Treatment room • 1 make-up room • Reception • Kitchen
For further details, please feel free to contact us!
