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Franchised Beauty Salon For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R1,700,000 Furniture / Fixtures included
Sales Revenue:
R5,000,000
Cash Flow:
R629,000

One of three stores operated by the seller under the same generic brand in a popular shopping mall in Johannesburg's Northern Suburbs.

Owning a Sorbet franchise is a lifestyle choice.

Freedom to be your own boss, But part of a growing and successful network.
Which provides professional management tools, access to stockists of the best product ranges, comprehensive training and pioneering innovation, all of which translates into a superior competitive position in the market.

When you buy this store you also get fully trained and ready staff, an established customer loyalty database and a location with immediate and proven profitability.

Price excludes stock.

Property Information

Real Estate:

Lease

Lease Terms:

current lease has 4 years remaining. A new 5-year lease can be arranged

Leasehold Rent:

R577,000 per annum

Location:

Johannesburg Northern Suburbs shopping mall

Premises Details:

100 sqm shop

Business Operation

Reasons for selling:

Changed family circumstances and career options.

Trading hours:

Weekdays 9am - 6pm. 7 days/week

Employees:
14 fully trained staff plus manager
Years established:
7 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Prospective franchisees must be pre-approved. At least 50% of the purchase price must be contributed from own/unencumbered funds. Franchise joining fee R125 000. Ongoing royalty R6.5%.

Other Information

Support & training:

Full training and ongoing support is provided by the franchisor

Furniture / Fixtures value:
R900 - included in the asking price
Inventory / Stock value:
R400,000
Related Documents:

Contact Information

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