Executive Summary:
Beauty salon for ladies only – opened in 1981
License Type: Professional License
Activity: Beauty salon
Other licenses included: license to sell retail cosmetics and hair products
Type of company: Civil Company
$%&!#$%&!#$%&: Not required by law
Local Agent: required by law with no obligation to own any shares of the company
Current Local Agent Annual Payment: 10,000AED
Current visas: 2 hairdressers, 3 beauticians, 2 manicurists, 1 receptionist
Quota for extra visas: 30 total
Customer database: 31,000 contacts
INVESTMENT:
1,600,000 AED (50% shares)
3,200,000 AED (100% shares)
Projection of ROI: 54 months
Show Phone Number
Profit Projection: 337.5K 600.6K 723.8K
ROI annual: 12% 21% 26%
LOCATION, LOCATION, LOCATION:
Located in an independent villa in Jumeirah 3
Shop size: 4550 square feet
Shop rent: 150,000AED for 2021 and 200,000 AED for 2022
4 bathrooms (3 of which with shower)
7 hair stations, 5 mani & pedi stations, 2 hair washing stations, 3 rooms for waxing, facials, and massages
Kitchen for the staff, 2 warehouses for product storage inside the shop, and 1 warehouse outside
Back office with separate entrance and independent bathroom
Area: Jumeirah 3, characterized by a central residential area (villas), close to numerous schools, malls, hospitals, and supermarkets
CLIENT DETAILS:
Client database with over 31,000 customers (data collection started in 2014)
Aggregate social media platforms with over 145,000 followers (Facebook and Instagram)
70% Arab customers, 15% Western, 10% Asian, 5% other
Numerous third-generation customers (grandmothers, daughters, grand-daughters)
Customer loyalty 10-15 years (on average)
SOCIAL MEDIA DETAILS:
Aggregate social media platforms with over 145,000 followers
Instagram: created in 2017 |19.6K followers
Facebook: created in 2012 |111K followers| 8,416 people checked in
Google My Business (December 2020 data): 14k views, 6k searches, 4.7k activity, 4.8 * reviews
SALES DETAILS
2019 Revenue: AED 1,731,770
2019 Expenses: AED 1,348,323
2019 Profit: AED 383,447
2020 Revenue: Pending Audit
2020 Profit: Pending Audit
Average Annual Profits: AED 1,789,404
2021 Projected Profit: AED 337,500
2022 Projected Profit: AED 600,600
2023 Projected Profit: AED 723,810
Contact us by email for more details.
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