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Beauty Salon Investment Opportunity in Riyadh, Saudi Arabia

Aggregator for salons, spas, and makeup artists to provide customers with reservations or home ordering.
This transaction has concluded.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Beauty Salons + 1 more
Locations  Riyadh
Local Time 12:13 AM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 670 thousand for 21.0% stake (Native Currency: SAR 2,500,000)
Reason: Most funding will be utilized for sales and marketing in order to accelerate the process.
Interested to connect with advisors
Documents
Business Overview
- The market size of the Saudi Beauty industry is booming and reached more than SAR 5.3 Billion last year. Therefore, smart solutions haven't kept up leaving a significant gap in the market.
- We have developed an application that targets barbers, salons, spas, and professional makeup artists to enable home services or shop reservations with an online and offline payment method.
- Our solution for customers:
Convenience: Schedule appointments and in-home beauty services directly from your phone, anytime, anywhere.
Quality: Connect with a network of pre-approved, top-rated providers for a guaranteed great experience.
Luxury: Book in-home beauty services for a relaxing spa day at your convenience.
Language Support: Available in both Arabic and English for a smooth experience.
- Our solution for salons & barber shops:
Booking System: Streamlines the booking process to avoid overbooking and underbooking.
Marketing: Helps attract new clients and reduce marketing costs.
Sales System: Manages sales data, workers’ commissions, and customer data efficiently.
- The app charges different commission rates based on the type of transaction:
* For each order by the application for stores: 5%
* For each order by the application for freelancers: 9%
Products & Services Overview
Offering reservations or home ordering for male and female salons, spas, and makeup artists.
Assets Overview
No physical assets.
Intangible assets include the mobile application built from scratch hosted in Saudi Arabia.
Facilities Overview
Small office located in the north of Riyadh.
Capitalization Overview
Started with personal funding, and we will go live within 1 month.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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