This beauty salon has been operating as a well-known franchise and provides a range of beauty treatments, waxing, nail care and a broad range of quality beauty products. It has been in operation since 2016, has a well-established client base, and is located in Langenhoven Park Bloemfontein. This business is for sale either as a franchise or an independent salon.
- Asking Price:
- R1,950,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R3,500,000
- Cash Flow:
- R100K - R500K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
1 year left on lease agreement
- Leasehold Rent:
-
R338,000 per annum
- Location:
-
Situated in a popular and easily accessible shopping centre with excellent anchor tenants, the salon benefits from steady and growing foot traffic. The salon is conveniently situated close to underground customer parking (especially ideal for customers who had face treatments).
- Premises Details:
-
The interior is professional, calming, well maintained and ready for a new owner to start trading. The salon is air-conditioned and features a welcoming reception area and a stylish retail section showcasing a variety of premium skincare products, 2 treatment rooms, 4 pedi chairs, 4 mani tables, a small store room and kitchenette.
The salon is fully equipped with the required professional tools, fittings and furniture to support the services provided.
- Size in square feet:
- 76
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Growing the footprint in Bloemfontein is definitely an option, either as a franchised or independent salon.
- Competition / Market:
-
There are no comparable competitors in the immediate area being serviced, and is the only such franchised salon in Bloemfontein.
- Reasons for selling:
-
Current owner is relocating to another city.
- Trading hours:
-
Monday to Friday 8am to 6pm
Saturdays 8am to 4 pm
(Currently closed on Sundays, Option to trade on Sundays)
- Employees:
- 8
- Years established:
- 10
Other Information
- Support & training:
-
Handover options and training can be negotiated. If required, the current owner will provide handover support to ensure smooth transition. Therapist and nail technician training is also available and provided by suppliers.
- Furniture / Fixtures value:
- R500,000 - included in the asking price
- Inventory / Stock value:
- R380,000 - included in the asking price
