The business has successfully operated for close to two years, attracting a strong and loyal clientele, with approximately 90% of customers being Westerners, particularly of Irish and English descent. In its initial year under previous ownership, the business experienced gradual growth. However, since taking over, the current owner has effectively doubled the revenue in the second year, all while retaining the existing staff. Despite this achievement, there remains untapped potential for further revenue growth, particularly with dedicated management attention. This potential is highlighted by the fact that the current owner manages three different businesses simultaneously, indicating that with focused management efforts, there is ample opportunity to drive increased revenue and overall success for the salon.
BUSINESS DETAILS:
Size: 1011sqft
Established: 2 years
Location: Arjan
Monthly Revenue: 60,000AED
Monthly Profit: 20,000 AED
Tenancy Validity: Valid Until May 2024( Renewable)
Yearly Rent: 105,000AED/ yearly with VAT
Staffs:3 Well-Trained Staff Members
Selling Price: 650,000AED
SALON FEATURES:
• 6 Hair Station
• 2 Hair Wash stations
• 1 Facial Room
• 1 Staff Room
• Reception Area
• 1 Wash Room
Feel free to reach out to us for further details and to arrange a viewing
