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GM Managed Beauty College Durban And Johannesburg For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R3,600,000 Furniture / Fixtures included
Turnover:
R3,870,000
Net Profit:
R1,100,000

20 yrs with stable income. Local and internationally accredited courses for school leavers and advanced knowledge. NQF certified. MAs will show monthly variations, while this Report shows annual averages.
This is a Beauty and Aesthetic College, fully certified by local and international organisations. It has completed the regulatory change from SETA to NQF.
It focuses on school leavers and enhancement of skills/qualifications for existing practitioners.
It operates in two major markets being Gauteng and Durban, through rented premises, with a GM, excellent staff, long-established (20 years) systems, processes and courses.
Potential clients enquiring in respect of courses, are assisted and signed up on pre- or payment- plans.
Existing clients attend lectures, as delivered by the company's top lecturers.
The GM manages the business, specifically in respect of certifications, courses, systems, processes, finances, social media, etc.
Excellent website, Facebook, word-of-mouth, social media, etc.

Property Information

Real Estate:

Lease

Location:

Dbn & Jhb (Midrand)

Premises Details:

nice rented properties - 200m2 each, R38k pm combined, 6% escalation, extensions available

Business Operation

Reasons for selling:

owner retiring

Trading hours:

M-Sat : 8-16h00

Employees:
8 being a GM, Manager, 4 lecturers & 2 cleaning staff - all employees
Years established:
20

Other Information

Support & training:

GM knows & does everything for last 20 years, while seller/investor will assist if need be

Furniture / Fixtures value:
R150,000 - included in the asking price
Relocatable:
This business can be relocated