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Awesome Beauty Salon & Day Spa In George For Sale

George, Western Cape, South Africa
Asking Price:
R1,295,000
Sales Revenue:
R1,165,000
Cash Flow:
R265,000

ABOUT THIS BUSINESS: Very prominent and popular beauty salon and spa with a very sound customer base.
OPERATIONS: Owner managed with excellent, qualified staff.
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)

ACQUISITION VALUE:
SELLING PRICE: R1,295,000.00 as a going concern
STOCK VALUE: R20,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R1,315,000.00

PROFITABILITY:
ANNUAL TURNOVER: R1 165,000
AVERAGE MONTHLY TURNOVER : R97,000
NET PROFIT (EBITDA) PER ANNUM: R264,000
NET PROFIT (EBITDA) PER MONTH: R22,000


INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 4.9
ROI(RETURN OF INVESTMENT): 20%
MPB(MONTH’S PAY BACK): 59

ASSETS:
MARKET VALUE: R421,000
ASSET VALUE RATIO TO SELLING PRICE: 33%

Business Operation

Management type:
This business is owner operated.
Employees:
2
Years established:
10 Years

Other Information

Inventory / Stock value:
R20,000