• Ladies Beauty Salon for sale in Dubai

Ladies Beauty Salon for sale in Dubai

Jumeirah 3, Jumeirah, Dubai, UAE

1,750,000AED

License validity : 0
How can the future owner improve this business? : ........
Description : .......

Description

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.

Sponsor: 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.

MANAGEMENT TEAM:

Current owners (Italian and Australian) since 2005 Previous owner operated the business from 1981 to 2005.

Business Manager: American with 18+ years of experience managing international operations for blue-chip businesses.

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.

HISTORICAL FINANCIALS JAN 2015 to JAN 2020:

Total Revenue: AED 13,072,259.

Average Annual Revenue: AED 3,268,065/yr.

Average Annual Profit: AED 751,655/yr.

PROJECTED FINANCIALS:

2021 Projected Profit: AED 337,500.

2022 Projected Profit: AED 580,600.

2023 Projected Profit: AED 699,810.

Projected Annual Investor Profit (40% Share)

2021 – AED135,000.

2022 – AED232,240.

2023 – AED279,924.

Projected Cumulative Salon Profit in the next 3 years.

AED 1,617,910.00.

Salon Net worth (Non COVID) AED 5,500,000.

Salon Net worth (During COVID) AED 4,400,000.

INVESTOR RETURNS:

Original Investment Amount : AED1,750,000.

Projected Investor Profit Share (3 yrs): AED647,164.

Projected Share Value After 3 Years: AED2,200,000.

Net Income: AED2,847,164.

ROI (based on next 3 years projection): 23%

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)

STAFF STATISTIC:

Employees come from 5 different countries.

There are 6 languages spoken.

There is low staff turnover, the average of years of service is 11.

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.

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Location

Jumeirah 3, Jumeirah, Dubai, UAE
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