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Ladies salon in JVC, successfully running business, hot deal!!!!

Ref No- AE01845962
Subsector Book keeping Business
Asking Price AED 499,997
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Business Synopsis
Asking Price
Asking Price
AED 499,997
Annual Turnover
Annual Turnover
Available on Request
Annual Net Profit
Annual Net Profit
Available on Request
Audit Report
Audit Report
Available on Request
About the Business

Sale directly from the owner.
The salon size 80.64 sqm and features:
o Main area for 4 hairdressing chairs and 2 washing zones
o Separate section for 2 mani-pedi specialists
o Section for a lash specialist, and a mani-pedi sofa area
o Dedicated pantry room and a shared washroom according to the developer's business plan.
• Parking: free parking available nearby, including a dedicated spot for customers inside the building-total 2 slots.
• Lease Terms:
o Yearly Rent: 93,600 AED, 6 cheques
o Contract effective from October 1st.
• Established: Since Oct 2020.
• Net Profit: Ranges between 10,000-40,000 AED monthly
o Total Employees: 9 (7 on company visas, 2 with their own).
Assets Included in Sale :
• Interior and exterior design of the space. (Approximately 300,000AED)
• A list of equipment and inventory will be shared separately. (70,000AED)
• Exclusive hair stock; inventory has just been completed and all numbers are accurate. Approximately 100,000AED)
• Unique Italian products for perming; a list will be provided.
• Instagram account with 15,500 real followers.
• Established Brand Name and Equity based on a monthly marketing spend of 6000AED per month
• Website with an active SEO strategy. Latest monthly performance will be presented.
• License for 10 months, complete set of documents for staff, Ejari, establishment card, and other documents, ensuring a completely clear profile. (Approximately 80,000AED)
• List of suppliers we have worked with over the years, offering competitive pricing and effective results.
Terms of Sale
• Asking price: 500,000 AED, slightly negotiable
• Type of payment: One-time payment.
• Proposed timeline for the transition: 1 month of full support from the owner.
• Any additional payments related to the transition of licenses, bank accounts, and other documents will be covered by the buyer.
 

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