Villa to Rent in Corniche Road , ABU DHABI
Studio
4 Baths
5,000 sqft
Villa
AED 1,000,000 Yearly
Corniche Road , ABU DHABI
For Rent: Established Spa and Salon
Overview
Location: Abu Dhabi, Corniche Road Price: 1,000,000 AED Overview: An exceptional opportunity to acquire a thriving spa business with annual revenues between 1 to 1.6 million AED, operating without any marketing or promotions. This spa has a strong financial reputation and is well-respected by suppliers and clients alike. Key Financials: Annual Revenue: 1 to 1.6 million AED Expenses: 40% to 50% of income Rent: 190,000 AED per year for a fully modernized 3-level villa Property Details: The villa has been completely modernized with state-of-the-art extensions, bathrooms, and treatment rooms, designed from the ground up to meet spa standards. Licensed for all DED activities, including wholesale cosmetic trading (currently untapped). Growth Potential: Opportunity to diversify income with advertising screens (requires 200k AED investment for permission), with potential earnings of 1 million AED per year from local advertisers. Business Integrity: Clear bank account since inception; no outstanding debts or credits. Excellent relationships with suppliers. Reason for Sale: The owner is selling due to health issues and is unable to manage the business further. This is a rare chance to take over a lucrative operation in a prime location. ABOUT ASPIRE HOME PROPERTIES L.L.C Our mission & vision at Aspire Home Properties is to be a leading and trusted real estate partner, committed to providing exceptional service and delivering tailored solutions to our clients. We strive to create a seamless and memorable experience for those seeking their dream homes or investment opportunities. By fostering a culture of innovation, integrity, and client-centricity, we aim to exceed expectations and be the preferred choice in the real estate industry.
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Property Information
Property Type
Villa
Total Area
5,000 sqft
Bedroom
Studio
Bathroom
4
Furnishing status
Furnished
Listed Date
25 Oct 2024
Reference no.
PM-1657-RRV-227629
DED
4830800
Code
AE +971