Beauty Salon Seeking Loan in Male, Maldives
Hair and beauty salon seeking business loan with potential to double customer footfall.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 45 thousand |
| Run Rate Sales | USD 46 thousand |
| EBITDA Margin | 23 % |
| Industries | Beauty Salons |
| Locations | Male |
| Local Time | 8:01 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
32.5 thousand
for
12.0%
annual interest,
5
years
(Native Currency: MVR 500,000)
Reason: Planning to move to a bigger space and improve the business.
Collateral Available: USD 6.5 thousand
Includes physical assets worth
USD
6.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Activity Registration
(290.9 KB)
Customer at our facility
(1.6 MB)
Serving our customer
(1005.1 KB)
Happy customer
(2.0 MB)
Our services
(3.2 MB)
Offering our services
(4.1 MB)
Business Overview
- Established beauty salon located in Male, offering comprehensive services such as haircuts, styling, treatments, manicures, pedicures, and facials.
- Operates with a lean team of 3 employees, focusing on personalized customer service and quality beauty treatments.
- The business has been operational for 2 years, indicating a stable presence in the market and experience in the beauty industry.
- Current monthly revenue stands at MVR 59,000, with strategic plans to increase this figure to MVR 100,000 through investments in new equipment and relocating to a larger facility.
- The salon services 5-10 customers daily and anticipates increased footfall with expansion and enhanced service offerings.
- Enjoys a competitive edge with no direct rivals in the immediate vicinity, thus benefiting from exclusive local market presence.
- Maintains strong collaborative relationships with neighbouring businesses, potentially useful for cross-promotions and partnerships.
- Business has a registration certificate.
- Operates with a lean team of 3 employees, focusing on personalized customer service and quality beauty treatments.
- The business has been operational for 2 years, indicating a stable presence in the market and experience in the beauty industry.
- Current monthly revenue stands at MVR 59,000, with strategic plans to increase this figure to MVR 100,000 through investments in new equipment and relocating to a larger facility.
- The salon services 5-10 customers daily and anticipates increased footfall with expansion and enhanced service offerings.
- Enjoys a competitive edge with no direct rivals in the immediate vicinity, thus benefiting from exclusive local market presence.
- Maintains strong collaborative relationships with neighbouring businesses, potentially useful for cross-promotions and partnerships.
- Business has a registration certificate.
Products & Services Overview
Top services: Haircuts, styling, treatments, manicures, pedicures, and facials.Services are offered for both men and women.
Assets Overview
Assets include chairs, interiors, beauty products, and electronics.
Facilities Overview
Operating from a rented space in Male. Planning to move to a bigger space soon.Business has 5 hair chairs for now.
Capitalization Overview
No outstanding loans or liabilities.Single owner business.
Tags:
Beauty Parlor Seeking Loan in Malé, Maldives
·Beauty Salon Seeking Loan in Malé, Maldives
·Ladies Salon Seeking Loan in Malé, Maldives
·Barber Shop Seeking Loan in Malé, Maldives
·Gents Salon Seeking Loan in Malé, Maldives
·Hair Salon Seeking Loan in Malé, Maldives
·Lend to Beauty Parlor in Malé, Maldives
·Lend to Beauty Salon in Malé, Maldives
·Lend to Ladies Salon in Malé, Maldives
·Saloon Seeking Loan in Malé, Maldives
·Lend to Barber Shop in Malé, Maldives
·Lend to Gents Salon in Malé, Maldives
·Lend to Hair Salon in Malé, Maldives
·Lend to Saloon in Malé, Maldives
·Beauty Parlor Seeking Loan
·Beauty Salon Seeking Loan
·Ladies Salon Seeking Loan
·Barber Shop Seeking Loan
·Gents Salon Seeking Loan
·Hair Salon Seeking Loan
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