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AED 550,000

AED 550,000

Running Business Ladies Salon For Sale
Jumeirah Village Circle (JVC)

Facts

Businesses For Sale
  • RP 4535
  • AED550,000

Property information

  • Ownership Type:Freehold
  • Leasehold Rent per annum:AED93,600
  • Location:Jumeirah Village Circle (JVC)
  • Premises Details:93600

Business Operation

    Description

    * Asking price: 550,000 AED, Rent per year AED 93,600/-
    The salon size 80.64 sqm and features:
    Main area for 4 hairdressing chairs and 2 washing zones
    Separate section for 2 mani-pedi specialists
    Section for a lash specialist, and a mani-pedi sofa area
    Dedicated pantry room and a shared washroom according to the developers business plan.
    * Parking: free parking available nearby, including a dedicated spot for customers inside the building-total 2 slots.
    * Lease Terms:
    Yearly Rent: 93,600 AED, 6 cheques
    oContract effective from October 1st.
    * Established: Since Oct 2020.
    * Net Profit: Ranges between 10,000-40,000 AED monthly
    Total Employees: 9 (7 on company visas, 2 with their own).
    Assets Included in Sale :
    * Interior and exterior design of the space. (Approximately 300,000AED)
    * A list of equipment and inventory will be shared separately. (70,000AED)
    * Exclusive hair stock; inventory has just been completed and all numbers are accurate. Approximately 100,000AED)
    * Unique Italian products for perming; a list will be provided.
    * Instagram account with 15,500 real followers.
    * Established Brand Name and Equity based on a monthly marketing spend of 6000AED per month
    * Website with an active SEO strategy. Latest monthly performance will be presented.
    * License for 10 months, complete set of documents for staff, Ejari, establishment card, and other documents, ensuring a completely clear profile. (Approximately 80,000AED)
    * List of suppliers we have worked with over the years, offering competitive pricing and effective results.
    Terms of Sale
    * Type of payment: One-time payment.
    * Proposed timeline for the transition: 1 month of full support from the owner.
    * Any additional payments related to the transition of licenses, bank accounts, and other documents will be covered by the buyer. About RVRG Real Estate:
    RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, where we facilitate smooth transactions ensuring sellers connect with qualified investors. We assist buyers and investors in identifying lucrative investment opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.
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