The construction of a Ladies Spa and Complex assumes demolishing and change use of the existing Bridal Suite. The works involve major structure alterations and a new structure steel frame to cover the courtyard area.
The proposed Ladies Spa contains 9 treatment rooms, a Hair Salon, Nail Bar, Retail Boutique and a Juice Bar, assuming 25 treatments per day and 100 annual memberships (total cap 185) in Year 1 (Y1), with a 20% increase year-over-year (YOY). Retail revenues of SAR 30 000 in Y1 with a 10% increase YOY. Gross Revenue will total SAR5.9M in Y1 and SAR13M in Y4.