Beauty Salon for Sale in Riyadh, Saudi Arabia
Profitable upscale beauty salon in Riyadh with two branches is for sale.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 700 - 800 thousand |
| Run Rate Sales | USD 800 thousand |
| EBITDA Margin | 29 % |
| Industries | Beauty Salons |
| Locations | Riyadh |
| Local Time | 12:45 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.47 million
(Native Currency: SAR 5,500,000)
Reason: To realize profits from the successful operation and brand name built.
The potential joint asset va...
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Includes physical assets worth
USD
610 thousand
Interested to connect with advisors
Documents
VAT Certificate
(252.3 KB)
Business Overview
- Leading beauty salon in Riyadh boasting two strategically located upscale branches, well-positioned to attract a high-end clientele.
- The salon first branch serves over 7000 clients annually, establishing a robust client base and consistent revenue stream.
- Second branch recently started operations 2 months ago. The included figures only represent results of the first branch.
- Nail services, including manicures, pedicures, BIAB, Gel, and Acrylic, represent a substantial 85% of total revenues, highlighting a strong specialization and market demand.
- Hair services contribute approximately 15% to the overall revenues, offering potential growth through diversification of service offerings.
- With 24 experienced employees, the salon delivers premium beauty services, ensuring high client satisfaction and retention.
- Retail products, sold on consignment, present an untapped opportunity for increased revenue and profit margins through strategic partnerships and promotions.
- The business holds a reputable position in Riyadh's upscale beauty industry, enhancing its appeal to discerning clients seeking luxury beauty treatments.
- The salon first branch serves over 7000 clients annually, establishing a robust client base and consistent revenue stream.
- Second branch recently started operations 2 months ago. The included figures only represent results of the first branch.
- Nail services, including manicures, pedicures, BIAB, Gel, and Acrylic, represent a substantial 85% of total revenues, highlighting a strong specialization and market demand.
- Hair services contribute approximately 15% to the overall revenues, offering potential growth through diversification of service offerings.
- With 24 experienced employees, the salon delivers premium beauty services, ensuring high client satisfaction and retention.
- Retail products, sold on consignment, present an untapped opportunity for increased revenue and profit margins through strategic partnerships and promotions.
- The business holds a reputable position in Riyadh's upscale beauty industry, enhancing its appeal to discerning clients seeking luxury beauty treatments.
Products & Services Overview
- Nail services (manicures, pedicures, BIAB, Gel, Acrylic) account for over 85% of revenues.- Hair services account for around 15% of revenues.
- Marginal retail products sold on consignment.
Assets Overview
Tangible assets include supplies, tools, furniture, and company vehicles.Intangible assets include social media & website presence, brand, VAT certificate, and employee Housing lease agreement.
(All assets and rights required to continue operations)
Facilities Overview
- Both branches are around 400-500 square meters in the same locality. Beautifully designed and executed, with excellent lease terms compared to the market and considering the locations.- 1 branch is leased for 5 years with an option to extend under the same terms and conditions for an additional 5 (bringing the total to 10 years). The other branch will be renewed at the end of the current year with preliminary talks already taking place to renew at similar terms and conditions.
Capitalization Overview
Current bank obligations represent around 2-3 months of revenue, which was availed to partially finance setting up the second branch.
Recent Activity
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Earlier than 15 daysPhysician And Neuroscientist, Physician Consultancy, Lexington, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hotel And Restaurant, Panjim, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Multi Category Businesses, New Delhi, Corporate Investor / Buyer connected with the Business
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