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Hair And Beauty Business Great Opportunity For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R800,000
Cash Flow:
Under R100K

This business is a well-established and long-standing one providing professional beauty, hair and nail services with a tranquil ambience.
Situated in an upmarket area in the South of Johannesburg - with fantastic main road visibility.
This Salon offers the convenience of a one-stop destination for the best Skin, Nail and Hair services.
In fact you are getting 4 Businesses in 1...
- Ladies Hairsalon with 9 stations
- Nail Bar - with 4 stations
- Beauty Salon with Facials, treatments, sunbed and massages (3 treatment rooms.)
- Men's Barber - with 3 stations.

Prior to the 2020 Covid year, the owner was netting around R30 000pm.
In 2020  the business suffered due to the severe lockdowns, and is really breaking even now.

With eased lockdowns and light at the end of the tunnel with the vaccine - this is a good time to purchase a 4-in-1 business like this at a bargain price!

Selling Price - R500 000 (including all equipment and stock.) The owner has spent around R1,3m on this Business.

Property Information

Real Estate:

Lease

Lease Terms:

1 year with renewal option of 1-5 years

Leasehold Rent:

R300,000 per annum

Location:

Busy intersection on main roads

Premises Details:

Large premises with parking

Business Operation

Expansion Potential:

Needs more signage for better visibility and marketing to grow the business.

Reasons for selling:

Owner has a new business opportunity

Trading hours:

Mon - FRI: 8am-5pm.
Sat: 8am-3pm.

Employees:
9
Years established:
5

Other Information

Support & training:

Full handover by owner.

Furniture / Fixtures value:
R300,000 - included in the asking price
Inventory / Stock value:
R15,000 - included in the asking price

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