Reason :
The owner may be moving to a different city or country, necessitating the sale of the business.
Description
Introducing a lucrative opportunity to own and operate a thriving gents salon, catering to the modern man's grooming needs. This established establishment boasts a loyal clientele base and a reputation for excellence in grooming services. Situated in a prime location with high foot traffic, it presents the perfect setting for continued success in the grooming industry.
SALON DETAILS:
6 years in the business
Location: City Walk
Spacious Salon: 1800sqft
Monthly Profit: 150,000/-
Monthly Revenue: 300,000/- - 400,000/-
Monthly Rent: 235,000/yearly
6 Parking slots for clients
tenancy valid until Aug 2024/Renewable
Staff: 6 well-trained staff
Client Base: Over 750 clients in the system with high potential growth.
Business Overview: Business operations are excellent in terms of revenue numbers and generating net profit of 20% and the suggested expansion plan within the shop space and the new coming DAMAC development will grow the business and increase net profit to 100%.
FEATURES:
4 Hair Station
2 Station for Mani & Pedi
1 Treatment room
1 VIP facial room
Office & Pantry
Waiting Area
Asking price: 2M
Contact us for more information regarding viewing and financials.
Note: Original pictures can be shared to our respective buyers only after signing the NDA
Facilities Overview
Built up Areas: 1800 Square Feet
