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Beauty Salon for Sale in Muscat, Oman

For sale: Importers and distributors of cosmetic products with a chain of salons and barbershops.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin 20 - 30 %
Industries Cosmetics + 1 more
Locations  Muscat
Local Time 10:46 PM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.2 million (Native Currency: OMR 850,000)
Reason: Expat owner moving out of Oman.
Includes physical assets worth USD 1.04 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are importers and distributors of the clean cosmetics business.
- We own and manage 4 ladies' salons and 2 barbershops.
- We import our products from the USA and Italy.
- Our shops are located in prime locations in Muscat.
- Supply the products to elite spas and hotels in the luxurious areas in Muscat and Salalah.
- Sales have dropped due to the ongoing pandemic.
- Due to new changes in policy, people who into of Omani descent cannot own a business I Oman any longer.
Products & Services Overview
Skincare, hair care, nail care, beard care, and other salon services.
Assets Overview
4 beauty salons, 1 barbershops, 1 head office, inventories, fit-out, and staff.
Facilities Overview
Owned 4 beauty salons, 1 for barbershops, and.
1 head office.
Capitalization Overview
Funded by itself. Currently has a loan of OMR 22k that will be closed off by the business in 15 months.
Recent Activity
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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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