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Spa for Sale in Riyadh, Saudi Arabia

Salon, spa, and organic beauty products brand that offers the full experience of service and products.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 640 thousand
EBITDA Margin 30 - 40 %
Industries Beauty Salons + 1 more
Locations  Riyadh
Local Time 2:39 AM Asia / Riyadh
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.9 million (Native Currency: SAR 7,000,000)
Reason: - Looking for an experienced investor to take it from the family business status and elevate it to t... View More
Includes physical assets worth USD 110 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
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Business Overview

- Company operates a one-stop-shop for beauty services with a spa, salon, and own brand of organic beauty products.

- Spa and salon are in the same facility, which is located in a commercial area on the main street of Riyadh, nearby restaurants and cafes.

- We are a local brand with a unique business model which contains the full experience from buying the products and experimenting with experts.

- The purpose is to be a one-stop-shop of a day spa and salon with a new concept in the region to do hair, nails, face, and body services with customized and organic products created from the same brand that is approved by SFDA.

- We formulate the products for our brand and outsource the manufacturing to a third-party production unit.

- From a business model view, we have diversification of revenue and generate growth by building the brand name through high-quality service and product offerings. In addition to our existing revenue streams, we recently started selling our products through our own e-commerce platform.

- On average, we receive a daily footfall of 27 clients.

- Facility has the capacity to serve 100 clients per day.

- Brand has a good social media presence with over 12k followers on Instagram.

- Revenue split: The majority of our revenue is generated from spa services (60%), followed by salon (30%) and own-brand products (10%).

- Due to COVID restrictions, we are currently only operating the salon and the spa services are temporarily shut down.

Products & Services Overview

Products and services for hair care, nail care, face care, and body care.

Assets Overview

- Brand and goodwill.

- Product inventory.

- Interior & furniture.

- Devices and systems.

Facilities Overview

The facility is leased and is around 400 m2. It has two floors, with the salon on the first floor and the spa on the second floor. We pay a yearly rent of SAR 370,000.

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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