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Spa Seeking Loan in Ajman, UAE

Unisex salon and spa seeks business loan for marketing purpose and employee visa support.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 137 thousand
Run Rate Sales USD 137 thousand
EBITDA Margin 10 %
Industries Beauty Salons + 1 more
Locations  Ajman
Local Time 12:57 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 22 thousand for 10.0% annual interest, 2 years (Native Currency: AED 80,000)
Reason: The funds will be used for marketing, hiring additional employees, and renewing employee visas. We ... View More
Collateral Available: USD 0
Includes physical assets worth USD 65 thousand
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Business Name
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Business Overview
- Unisex luxury salon and spa operating in Ajman, UAE, serving a steady flow of customers.
- Established two years ago, the business serves approximately 18 clients on weekdays and around 25 clients per day during weekends.
- The business has 3 employees managing salon services and day-to-day operations.
- The business has an established customer base and holds a trade license.
Products & Services Overview
Unisex salon and spa services like haircuts, massages, manicures and pedicures are the best selling services.
Assets Overview
Tangible assets include furniture, fixtures, tools, and salon equipment, with a stated physical asset value of approximately AED 240,000.
Intangible assets include business registration certificate and customer base.
Facilities Overview
The salon operates from an approximately 4,000 sq. ft. rented facility with a monthly rent of AED 8,000.
Capitalization Overview
The business is owned by a single proprietor, is funded by the owner, and has no outstanding loans.
Recent Activity
  • 1 day, 19 hours ago
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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1 Investor contacted this Business this week. Register below to connect now!
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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