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Beauty Salon for Sale in Egkomi, Cyprus

High-valued hair salon for sale with loyal clientele, great location, and a turnkey setup.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 250 thousand
Run Rate Sales USD 210 thousand
EBITDA Margin 15 %
Industries Beauty Salons
Locations  Egkomi
Local Time 8:04 PM Europe / Istanbul
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 350 thousand (Native Currency: EUR 300,000)
Reason: Sale of the business because of relocation. High valuation takes into account the regular clientele ... View More
Includes physical assets worth USD 58 thousand
Interested to connect with advisors
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Business Name
Not disclosed
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Business Overview
- Established hair salon with 15 years of service in the strategic location of Egkomi, Nicosia, ensuring a loyal customer base and consistent foot traffic.
- Offers a diverse range of beauty services with a primary focus on hair coloring, complementing this with a profitable retail section.
- Revenue distribution is efficiently balanced, with 60-65% derived from salon services and 35-40% from the sale of retail products, highlighting strong retail strategy and service execution.
- Sales fluctuate and increase in the summer months due to more product sales.
- The owner takes an active part in the business's operations and due to this, we are able to achieve high revenue with just 2 employees.
- Equipped with 7 styling chairs and 3 backwash units, facilitating optimal client turnover and service provision capacity.
- Attracts approximately 15-30 walk-ins daily, showcasing the salon's strong local presence and active customer engagement.
Products & Services Overview
- The salon provides a wide variety of services but the top selling is hair coloring.
- We also have a retail sales section.
- About 60-65 percent of the revenue is from services while 35-40% is from the sales of retail products.
Assets Overview
Tangible assets include the entire fixture, furniture, and equipment and product stock in the salon.
Facilities Overview
We operate from a big rented space of 135 sq. m. There is vacant space inside the facility to add 3-4 more hair stations. The facility is located in Nicosia and the buyer can continue the operations from this same location.
Capitalization Overview
- Business has a single owner.
- No loans and the business is self-funded from its profits.
Recent Activity
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2 Buyers contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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