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Established Health & Beauty Salon In Pretoria East For Sale

PRETORIA, Gauteng, South Africa
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Business Summary
Purchase Price: R 1,900,000 (Excluding Stock)
Stock: R 50,000 (Excluded from the Purchase Price)
Average Sales Per Month: R 225,000 (Excluding VAT)
Average Net Profit Per Month: R 56,000

The business is located in a very prominent premises in a well-known Shopping Centre in Pretoria East. Over the past seven years, the business has established itself with a solid and loyal client base. The business is set to grow rapidly in the future, with an excellent service offering, exceptional track record, well-trained, friendly staff and quality equipment.
There is reliable management in the business with many years of experience that will remain in the business after the owner left the business. The owner wants to exit the industry and focus on his other businesses and investments. He will be available in the business after handover to the new owner for a seamless transition.

There are five staff members, including the manager of which most have many years of experience, the employees are well trained to operate the laser-tec equipment and all the departments in the business. The business offers a comprehensive range of services and the latest laser technology for skin care as well as a wide range of skin care products. The business generates growth of clients mainly through word of mouth and social media. The growth potential in the area and people's positive attitude towards health and beauty promotes the potential growth of the industry and also this business.

A comprehensive financial overview was carried out over the system documents from the financial system, latest financial statements and management accounts. The relevant source documents were confirmed against operational expenditure. The current financial overview does include historical revenue on a monthly basis, latest management accounts, cashflow projections, 60 months profit and loss projections and a stress module to analyze the price valuation and risk analysis.

There are certain terms and conditions and requirements in terms of our agreement with the seller under which we are restricted to introduce a potential purchaser/investor, no detailed operational/financial information will be disclosed without the required documentary and source documents being processed according to the seller's criteria.

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