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Beauty Salon & Spa - Benoni For Sale

Benoni, Gauteng, South Africa
Asking Price:
R1,550,000
Sales Revenue:
R800,000
Cash Flow:
Available on request

Beauty salon & spa - benoni

Selling price: R 1,550,000.00

Average: T/O R 800,000.00 PA

Nett profit: R 120,000.00 PM

Salon assets: R 1.245 m (Replacement Value)

Stock: R 20,000.00

Description: This business has been in existence for over 5 years and privately owned. This sector is one of the oldest industries in the world and been a necessity for the consumer whether to relax or improve appearance. This year the business experienced good growth despite the covid- trading conditions. Its core business is beauty grooming and spa treatment. Services include nails, waxing and health massage. The outlet is up-market with beautiful internal decor and tranquil gardens. Other facilities include Sauna, Pool and group treatments rooms. This business is primely located on a busy main through road and recently been renovated. Perfectly poised for new owners to build up and/or create an upmarket B&B for additional income. Training and support will be provided by the current owner however qualified buyers would be an advantage. One can choose to operate the business or continue with a manager run operation. The property is self-owned offering a long term Lease or option to buy. Current owners are emigrating.

Please reply for further info

Michael

Property Information

Real Estate:

Real Property Included

Living Accommodation:

None

Location:

Ideally Located

Planning Consent:

None

Business Operation

Expansion Potential:

Great Potential

Competition / Market:

None

Reasons for selling:

Other Business Interests

Trading hours:

8 am to 5 pm

Employees:
6
Years established:
5 Years

Other Information

Support & training:

Training will be provided

Financing available:

None

Inventory / Stock value:
R20,000

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