Beauty Salon for Sale in Jeddah, Saudi Arabia
For Sale: High-end ladies beauty salon in Jeddah with a database of 19,000 clients.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 500 - 600 thousand |
| Run Rate Sales | USD 780 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Beauty Salons |
| Locations | Jeddah |
| Local Time | 11:33 AM Asia / Riyadh |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
330 thousand
(Native Currency: SAR 1,250,000)
Reason: The owner is planning to relocate from Jeddah.
Includes physical assets worth
USD
213 thousand
Interested to connect with advisors
Documents
Business License
(1.2 MB)
Business Overview
- High-end salon located in a commercial area that offers professional beauty services and beauty care products.
- Have a database of over 19,000 clients and can accommodate up to 22 clients at a time.
- Long-standing accounts and relationships with top industry suppliers.
- Salon gets revenue from three sources: professional services, packages, and products.
- 75% of our revenue comes from professional services.
- Have an active website where our clients can book appointments and view our products.
- 15 full-time employees and senior staff with 20 years of technical experience.
- Selling price includes full business, regulatory licenses, and physical assets.
- Product inventory value is variable, not included in the selling price, and is an optional purchase for the buyer.
- Promoter has more than 10 years of experience in running this business.
- Have a database of over 19,000 clients and can accommodate up to 22 clients at a time.
- Long-standing accounts and relationships with top industry suppliers.
- Salon gets revenue from three sources: professional services, packages, and products.
- 75% of our revenue comes from professional services.
- Have an active website where our clients can book appointments and view our products.
- 15 full-time employees and senior staff with 20 years of technical experience.
- Selling price includes full business, regulatory licenses, and physical assets.
- Product inventory value is variable, not included in the selling price, and is an optional purchase for the buyer.
- Promoter has more than 10 years of experience in running this business.
Products & Services Overview
Professional services for hair coloring, hair treatments, hair styling, hair extensions, eyebrows, eyelashes, nails, and our line of home-care beauty products.
Assets Overview
Physical assets include lease deposit amount of SAR 44,640, fit-outs/interior, furniture, tools, and supplies. Other assets like product inventory worth SAR 65,000 are not included in the physical asset value.
Facilities Overview
Rented facility inside a premium shopping mall on Prince Sultan street with a total area of 248 sq. m. spread over 2 floors which include the client area, staff room, and administrative offices.The lease ends next year and has a biannual rent which is at a rate of SAR 1,800 per sq. m.
This lease amount is subject to change as a recent court ruling in the Kingdom of Saudi Arabia has enabled tenants to renegotiate with their landlords and decrease their rents in proportion to the drop in sales due to the lockdown.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Hospital Management And Consulting Service, Jeddah, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysVP Of Business Development, Technology, Istanbul, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Development Manager, Jakarta, Business Broker connected with the Business
Tags:
Beauty Parlor for Sale in Jeddah, Saudi Arabia
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