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Established Vibey Unisex Barber & Hair Salon In Sandton For Sale

Sandton, Gauteng, South Africa
Asking Price:
R850,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R360,000

This is your opportunity to acquire the trendiest Barber shop and Hair Salon in town!

Catering for both men, women, young, old and even the kiddies who are wanting the latest trendy hairstyle!

This Business has been operating for 17 years and is situated in a high traffic strip mall in the Sandton north area.

They even have a very well - known and popular Brand Ambassador! 

Staff - 11 highly experienced  hair stylists.

Asset value - around R500 000.

Turnover - average of R400 000 pm.  

Net Profits - currently around R30 000pm. (Manager run with little owner involvement.)

Selling Price - R850 000 (excl. stock.)

Reason for selling - The owner has other businesses that require his full focus.

There is huge potential for a more hands on entrepreneur to increase the turnover and profits of this long established gem! 

Property Information

Real Estate:

Lease

Location:

Very Busy Strip Mall in the north of Sandton area.

Business Operation

Reasons for selling:

Owner has other Businesses that require his full attention.

Trading hours:

Open 7 days a week.

Employees:
11
Years established:
17

Other Information

Support & training:

Full handover by owner.

Financing available:

No.

Furniture / Fixtures value:
R500,000 - included in the asking price
Inventory / Stock value:
R100,000