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Beauty Salon Seeking Loan in Dubai, United Arab Emirates

Beauty salon that receives 15-20 customers daily seeks loan for business expansion.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 294 thousand
EBITDA Margin 40 %
Industries Beauty Salons
Locations  Dubai
Local Time 11:06 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 540 thousand for 10.0% annual interest, 5 years (Native Currency: AED 2,000,000)
Reason: To open a new branch and expand our service portfolio.
Collateral Available: USD 540 thousand
Includes physical assets worth USD 109 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trade License
Business Overview
- We are a reputed beauty salon and receive customers from different customers nationalities.
- On a daily basis we receive 15-20 customers.
- We provide all beauty services such as nail art, waxing, and makeup.
- Currently, we have only 1 branch. We are seeking funds to open up a new branch and provide more services.
- The business has 1 owner with a 100% stake in the company.
- Business has no outstanding liabilities.
Products & Services Overview
We provide all beauty salon services such as nails, hair, eyelashes, waxing, and makeup.
Assets Overview
Physical assets include all the beauty equipment, supplies, stock, 5-10 chairs, massage tables, furniture, and salon setup.
Facilities Overview
We have a facility with an area of 1,400 sq ft and two floors on a rental basis.
Capitalization Overview
Not Disclosed
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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