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Beauty Salon Seeking Loan in Dubai, UAE

Newly opened high-end salon with all features and a Moroccan Hammam seeks a business loan.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 49 thousand
EBITDA Margin 0 - 10 %
Industries Beauty Salons
Locations  Dubai
Local Time 1:02 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 44 thousand for 11.0% annual interest, 5 years (Native Currency: AED 160,000)
Reason: We require money for operating capital and business expansion. Based on our recent sales and market... View More
Collateral Available: USD 0
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
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Business Name
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Salon location
License
Service
Shareholders
Business Overview
- We started recently and have enrolled with salon merchants for discounted prices.
- We have had around 49 clients.
- Growth is assured in this business when both products and services provided by good staff are maintained.
- Currently employs 8 staff members.
- Offers a variety of services including hair care, nail care, and pedi/mani.
- Enrolled with salon merchants for discounted prices.
- Seeking business loans to fund continued growth.
- The business has trade license an QA license.
Products & Services Overview
1. Moroccan Hammam.
2. Hair care.
3. Nail care.
4. Pedicure, manicure.
5. Facials.
Assets Overview
Physical assets include salon interiors, furniture worth AED 80k and stock of products worth AED 20k.
Facilities Overview
It is a rented shop on the 6th floor with an amazing view and is close to 3 hotels and the Mall of Emirates. The built-up area is 150 square metres.
Free water and electricity.
Capitalization Overview
- The business was funded by our own savings.
- No loans.
- Rent paid 120k and pending AED 95k.
- 3 shareholders ladies (60%, 20%, 20%)
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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