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  • Established
  • United Arab Emirates
  • Dubai
  • Jumeirah
  • Beauty
  • Salons & Spas
  • Investors Needed for Running Beauty Salon since 1981
Investors Needed for Running Beauty Salon since 1981

Investors Needed for Running Beauty Salon since 1981

  • BXB Listing ID :

    13945
  • Type :

    Raise Capital
  • Business Type:

    Established
  • Business Name:

    Investors Needed for Running Beauty Salon since 1981
  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Jumeirah
  • Asking Price:

    1,750,000 AED
  • No of Employees:

    8
  • Year Established:

    1981
  • Annual Revenue:

    1,771,000 AED
  • Annual Net Profit:

    383,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    230,000 AED
  • Inventory Value:

    80,000 AED
  • Business Hours:

    9 am to 9 pm
  • Real Estate:

    Leased by the Business
  • Lease Terms:

    Annual

Business Overview

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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