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Profitable Franchised Beauty Salon In Vaal Mall For Sale

Vanderbijlpark, Gauteng
Asking Price:
R850,000 Furniture / Fixtures included
Sales Revenue:
R2,205,997
Cash Flow:
R100K - R500K

Very profitable beauty salon in the popular Vaal Mall for sale. Been in existence over 11 years. Manager in place - owner not involved.
All machines fixtures fittings databases etc included. Machines: CEYA, MDL, Mesotherapy machine (bought 1 year ago @ R120k) steamers lights wax pots etc
Financials available. Large database. Have won Franchisor excellence awards (Third place salon of the year in 2015 and second place as salon of the year 2016). Owner lives far away and wants to purchase a more hands-on business closer to home.
Three beauty rooms and two nail stations. One beauty room reserved for medical type treatments like mesotherapy.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

3 years, lease was renewed recently. Would need to be moved to new franchisee. Price does not include rent deposit

Leasehold Rent:

R432,000 per annum

Location:

Near entrance at Vaal Mall across from very busy eatery. Excellent feet and screen in window adds to exposure

Premises Details:

50m2 , three treatment rooms of which one is a medical room. Two nail stations

Size in square feet:
50

Business Operation

Expansion Potential:

Growing every year. Difficult but possible to expand salon

Competition / Market:

Yes but quiet and more focused on waxing and pedis

Reasons for selling:

Owner lives very far away, would like to purchase a more hands on business close to home now that the nest is empty

Trading hours:

Monday to Friday 09:00 - 19:00
Saturday 09:00 - 17:00
Sunday 10:00 - 16:00

Employees:
4
Years established:
11

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Have to be screened and approved by franchisor

Other Information

Support & training:

Franchisor provides all training

Financing available:

Franchisor will assist with paperwork etc to get financing

Inventory / Stock value:
R150,000
Business closed / Asset sale:
Yes

Contact Seller

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