Reason :
Personal factors, such as lifestyle preferences, family considerations, or relocation plans, may influence owners' decisions to sell the business and move to a different location that better aligns with their personal or family needs.
Description
Welcome to the opportunity of a lifetime! Thrilled to present an exclusive chance to acquire a thriving gentlemen's salon business. Nestled in a prime location with high foot traffic and surrounded by a diverse clientele, this salon is a beacon of style, sophistication, and impeccable service.
GENT'S SALON DETAILS:
Revenue History:
2021 - AED 921,514.75
2022 - AED 946,597.00
2023 - AED 967,010.00
2024 - AED 300,740.00 (As of April 2024)
Employee:
5 Excellent Barber
4 Superb Manicurist
1 Cleaner
Expenses:
Shop Rent: AED 215K Yearly
DEWA: AED 18K Yearly
DU: 9.6K Yearly
Product Expense: AED 15K Yearly
Employee's Salary Monthly: AED 40K
Gent's Salon License is until February 2025
Rent is paid till June 11, 2024.
Key Money: AED 750, 000
All the employees end of service benefits will be paid and cleared by the seller.
Seller will make sure all the DEWA and Network Bills are paid at the time of the sale.
Don't miss out on the opportunity to own a prestigious salon in a rapidly expanding market.
Note:
Contact for more information regarding viewing and financials.
Original pictures can be shared to our respective buyers only after signing NDA
