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Established And Profitable Nail & Beauty Salon In Centurion For Sale

Centurion, Gauteng, South Africa
Asking Price:
R1,300,000 Furniture / Fixtures included
Sales Revenue:
R1,320,000
Cash Flow:
R540,000

Non franchised and popular nail and beauty salon located in Centurion
Established in 2019, well maintained, neat and comfortable environment
Nails, Nail Art, Waxing, Tanning, Threading, Massage, Lashes, Facials, Brow Lamination etc.
Owner hands on involvement is very limited and continues to decrease
Operated by 3 to 4 experienced staff members dependent on demand at any time
Open from Tuesday to Saturday - 8am to 5pm
Opportunity to grow the numbers further by simply trading on Mondays and / or Sundays
Basic rent – R10 000 and together with utilities totalling approx..R13 000 monthly.
Total monthly staff salaries variable because of commission payable but between R25 000 and R27 000
Average monthly sales / turnover – R110 000
Average monthly Net Profit – R45 000
Asking price – R1.3 million (Excluding stock at cost + VAT at take over time)
Owner belling because she is busy relocating to another part of SA.

Property Information

Real Estate:

Lease

Leasehold Rent:

R156,000 per annum

Location:

In a busy centre

Business Operation

Reasons for selling:

Owner is relocating.

Trading hours:

Tuesday-Saturday: 8am-5pm.

Employees:
3-4
Years established:
6

Other Information

Support & training:

Full handover by owner.

Financing available:

No. Cash buyers only.

Furniture / Fixtures value:
R600,000 - included in the asking price