SHOP FOR RENT IN PARK TOWERS, DIFC
Business Overview: This thriving salon business, strategically located in Park Tower, DIFC, is now available for sale. With a strong customer base and excellent profitability, this opportunity offers a seamless transition for the new owner.
Let’s delve into the specifics:
Nail Services: The salon boasts three highly skilled Russian nail masters with 5+ years of experience. Their expertise ensures top-notch nail services, attracting a loyal clientele.
Eyelashes and Eyebrows: A dedicated master, fluent in Russian, specializes in eyelash and eyebrow treatments. The commission-based arrangement (50-50 split) ensures mutual success.
Receptionist: The salon employs a Philippine receptionist with 10 years of salon experience, ensuring smooth operations and exceptional customer service.
Property Details: The salon is conveniently connected to the prestigious Gate Avenue Mall, enhancing foot traffic and visibility.
Business Enhancement: Potential for Gents Section for revenue growth.
Financial Details:
Business Price: AED 650,000
Monthly Rent: A reasonable AED 5,580 (paid annually in 4 cheques). Additionally, there’s an enticing opportunity to purchase the property for AED 950,000.
Note: If you continue with the 3-year lease without purchasing the property, expect a 5% annual rent increase from next year.
Combined Purchase Option: For those interested in both the business and property, the total investment would be AED 1.6 million.
Return on Investment (ROI):
Shop ROI: Impressive 12.5%+
Business ROI: Strong 15%+
Monthly Expenses vs. Profit:
Salaries:
3 Nail Masters: A total of AED 18,000 (AED 6,000 each)
Receptionist: AED 4,000
Eyelashes and Eyebrows (Commission-Based): 50% of revenue
Other Costs:
Internet, Phone, Empower: Approximately AED 850 (usually lower)
Products: Around AED 1,000 (gloves, coffee, water, color gels, eyelash glue)
License:
Valid until 11/12/2024
Annual Cost: AED 22,500 (equivalent to AED 1,875 per month)
Rent:
Annual Rent: AED 67,000 (paid in 4 cheques)
Monthly Rent: AED 5,580
Total Monthly Expenses: AED 31,305 (including rent)
Profit: Approximately AED 30,000 - 40,000 per month (considering the recent renovation and non-operational hair section)
Additional Notes:
License fees are already paid until next year.
Rent is covered for the next three months.
VAT and TA are applicable.
Enhance your revenue potential by adding a dedicated Gents Section to the salon! Contact us at Leading Properties for more information.
Salon & Spa for Sale | High ROI | Key Money Required - AED 650K
Property Type:
Shop
Property Size:
541 sqft / 50 sqm
Bathrooms:
1
Location
Park Towers
Dubai, DIFC
Agent
Mohammad Asaad
LEADING PROPERTIES
(104 Properties)
Amenities
Covered Parking
Networked
Lobby in Building
Description
Let’s delve into the specifics:
Nail Services: The salon boasts three highly skilled Russian nail masters with 5+ years of experience. Their expertise ensures top-notch nail services, attracting a loyal clientele.
Eyelashes and Eyebrows: A dedicated master, fluent in Russian, specializes in eyelash and eyebrow treatments. The commission-based arrangement (50-50 split) ensures mutual success.
Receptionist: The salon employs a Philippine receptionist with 10 years of salon experience, ensuring smooth operations and exceptional customer service.
Property Details: The salon is conveniently connected to the prestigious Gate Avenue Mall, enhancing foot traffic and visibility.
Business Enhancement: Potential for Gents Section for revenue growth.
Financial Details:
Business Price: AED 650,000
Monthly Rent: A reasonable AED 5,580 (paid annually in 4 cheques). Additionally, there’s an enticing opportunity to purchase the property for AED 950,000.
Note: If you continue with the 3-year lease without purchasing the property, expect a 5% annual rent increase from next year.
Combined Purchase Option: For those interested in both the business and property, the total investment would be AED 1.6 million.
Return on Investment (ROI):
Shop ROI: Impressive 12.5%+
Business ROI: Strong 15%+
Monthly Expenses vs. Profit:
Salaries:
3 Nail Masters: A total of AED 18,000 (AED 6,000 each)
Receptionist: AED 4,000
Eyelashes and Eyebrows (Commission-Based): 50% of revenue
Other Costs:
Internet, Phone, Empower: Approximately AED 850 (usually lower)
Products: Around AED 1,000 (gloves, coffee, water, color gels, eyelash glue)
License:
Valid until 11/12/2024
Annual Cost: AED 22,500 (equivalent to AED 1,875 per month)
Rent:
Annual Rent: AED 67,000 (paid in 4 cheques)
Monthly Rent: AED 5,580
Total Monthly Expenses: AED 31,305 (including rent)
Profit: Approximately AED 30,000 - 40,000 per month (considering the recent renovation and non-operational hair section)
Additional Notes:
License fees are already paid until next year.
Rent is covered for the next three months.
VAT and TA are applicable.
Enhance your revenue potential by adding a dedicated Gents Section to the salon! Contact us at Leading Properties for more information.
Reference:
leadingp-8209421
Listed:
16 days ago
Broker ORN:
1001628
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