[Luxury Décor] Beauty and Manicure Salon

There are more than 10 thousand establishments in beauty industry in Hong Kong, but perception on them is mixed as push-selling cases are not uncommon in the news.  Unlike their peers that rely on expensive service packages, this Beauty and Manicure Salon earns recognition because of their experienced and friendly employees, state of art booking and CRM system, and their relaxing environment. Excellent customer experience is the determining factor for stable profit and sustainable business.

Competitive Advantage:

• Located in a high-end commercial area, stable customer base of office ladies
• 4000+ clients and constantly in high demand
• Team has over 10 years’ experience
• High customer loyalty and premier quality service
• Exclusive manicure treatments in the market
• Almost 2 million already invested into equipment and decoration

Development Potential:

• The development potential of the beauty industry is high, as consumers are inclined to see it as a regular need than luxury spending

Potential Risks:

• Very saturated market, constant investment in new technology is required to stay competitive

Things to Note:

• Current owner is responsible for development and planning, the new management team must have experience in the beauty industry
• Rental and utility deposits not included in asking price