Beauty Salon Equity Stake For Sale in Dubai, UAE
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 95 thousand |
| Run Rate Sales | USD 98 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Beauty Salons |
| Locations | Dubai |
| Local Time | 6:35 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- We took up a franchise of a famous Indian salon brand in June.
- The business was operating under its own brand name earlier but post renovation we have taken this franchise.
- Royalty on sales is currently being negotiated and no royalty is being paid right now. The brand is asking for 6% while we want to cap it at 3%.
- We have paid the initial franchise fee and the agreement has been signed for 3 years.
- Business has an active trade license.
We cater to both men and women.
- Spacious 2,000 sq ft salon with an annual rental of AED 315,000.
- Currently 2 share holders with 50% stake, new investor is expected to buy out existing share of outgoing investor.
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Earlier than 15 daysGeneral Manager, Hotel And Resort, Dubai, Individual Investor / Buyer connected with the Business