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Beauty Salon And Health Spa! For Sale! For Sale

Bedfordview, Gauteng, South Africa
Asking Price:
R600,000 Furniture / Fixtures included
Sales Revenue:
R2,160,000
Cash Flow:
R50,000

Up-market Beauty Salon and Spa - Bedfordview

Selling price R600,000.00

Average T/O R180,000.00 PM

Nett profit: R20,000.00 PM

Salon Assets: R1.2 Mill (Replacement Value)
Stock R 50,000.00

This quaint and beautifully decorated Beauty Salon is primely located in an up-market Venue in the hub of other health and exercise facilities. The beauty sector being one of the oldest industries in the market is a necessity for the consumer with the business being in existence for over 14 years. This year the business experienced amazing growth despite covid-19 pandemic slow down. Its core business is in beauty maintenance sector. Services include treatment for nails, waxing, facial, pedicure and health massage. The current owners started took it over from the founder and runs the day to operations of the business.

Current area is approximately 50m2. There are currently 4 staff on basic plus commission. They sell a top quality local manufactured facial cream range which suite their upmarket clientele just perfectly. The outlet is beautiful with up-market internal decor and treatment room. The use of modern equipment and great emphasis on staff training with qualified beauticians, keep customer returning time and time again. Over the past year this business has seen rapid growth with client base with a large intake from passing trade.

Property Information

Real Estate:

Lease

Lease Terms:

Month to Month R 26 000

Living Accommodation:

NONE

Location:

Bedfordview, Johannesburg

Premises Details:

Unique corner shop at entrance of leading gym

Size in square feet:
50
Planning Consent:

None

Business Operation

Expansion Potential:

Opportunity to franchise due to association of the gym.
Expansion potential with regards to Social media advertising.

Competition / Market:

Several other outlets in area.

Reasons for selling:

Owner is retiring!

Trading hours:

10 am to 5 pm , can do 9 am to 7 pm

Employees:
4 HIGHLY SKILLED STAFF!
Years established:
14

Other Information

Support & training:

Will be provided!

Financing available:

No

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R50,000
Relocatable:
This business can be relocated.