Beauty Salon Investment Opportunity 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 | 7:28 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | 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.