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Nail Salon for Sale in Doha, Qatar

Salon with unique retro 50's concept in Qatar looking for a buyer.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 40 %
Industries Beauty Salons + 1 more
Locations  Doha
Local Time 10:56 PM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: QAR 2,500,000)
Reason: Developing & focusing on other projects.
Includes physical assets worth USD 340 thousand
Interested to connect with advisors
Documents
Business Overview

Luxury salon for ladies that specializes in providing hair, nail, lash extensions, and permanent make-up services.

- The newly established salon is the most bright in Qatar with a unique concept of retro American 1950s interior and style.

- Business has served around 700+ clients since its inception.

- Business has a retention rate of 51% for recurring clients.

- The business occupancy has grown from 20% to 46% as of last month.

- All our artists are east European. They are highly qualified with experience of more than 3 years.

- The services are done with the latest equipment and techniques.

- Our clients are high-profile clients: executive ladies, local clients, and European ex-pats.

- Business collaborations and partnerships with Qatar Airways for their internal group corporate program & International School of London.

- Exclusive beauty sponsor for Qatar living - Nr 1 ranking online community in Qatar with 294,000 followers on Instagram, most popular website - marketplace for the people living in Qatar.

- Have a strong presence on social media with over 2,700 organic followers on Instagram. We also have our own website.

- On average the business receives around 16 to 20 clients every day.

- The promoter has 11+ years of experience in the beauty business.

- Our business has not taken any kind of business loan and does not have any outstanding balance so far.

- The promoter holds 100% shares of the company.

A high potential for growth in owned branches or franchise brands if managed properly.

- Sale would include the entire business and physical assets.

- Owner will provide support for 3 months post selling the business (salon management training, hiring staff, business processes operations, client retention, etc).

- The sales have increased as the number of customers has increased and we added new service to our business.

Products & Services Overview

We provide the below services:

Nails.

Classic manicure & pedicure.

Smart pedicure - a medical pedicure is done with a machine and it is considered to be more safe and effective compared with the normal pedicure.

Nail extensions.

Gellish manicure.

Lashes & eyebrows:

Lash extension.

Lash & eyebrow lamination.

Eyebrow shaping & tinting.

Permanent make-up.

Hair services.

Assets Overview

Intangible assets: licenses, clients software, customized branding (printing material, unique digital presence, unique uniform design) client database, trademark (Registered to AGIPI), unique interior design concept (retro American 50's style)

Tangible assets: 4 nail stations, 2 pedicure chairs, 2 Lash Extensions chairs, 1 Permanent Make Up chair, 1 Hair Chair, customized furniture (reception, tables, chairs, recliner couches, cabinets, lockers),

Equipment (nail machines, drills, bits, sterilization equipment- 4 steps of sterilization, disposables, consumables, materials).

Facilities Overview

The salon is renting the space in a 5-star hotel, Crowne plaza hotel the business park, the old airport on the ground.

Floor.

- The rental price is 180,000 QAR per year.

- The built-up area is 95 sq m.

- The space is divided into a reception area, nail area, pedicure area, lash area, stock room, staff pantry.

Capitalization Overview
Not Disclosed
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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