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Long Standing Hair, Nails & Beauty Salon In Farrarmere, Benoni For Sale

Benoni, Gauteng, South Africa
Asking Price:
R590,000 Furniture / Fixtures included
Sales Revenue:
R3,000,000
Cash Flow:
On request

The salon was originally established in 2015 and relocated in 2024 to Farrarmere.

More than 4000 clients on the books.

4 Hair Stations,
4 Treatment Rooms,
4 Nail Stations
1 Retail Area,
1 Kitchen,
1 Office,
1 Reception Area,
Store Room
Private Parking
2 Access Gates
Camera System

Instore Turnover R 3mil+ per year. (Services/Treatments + Products)
Plus, a booming online store with a turnover of R 500 000 per year and growing.

The staff will stay on with the new owner.
3 Hairdressers, 3 Beauticians / Nail Technicians, 1 Cleaner / Tea Lady and one Receptionist.

Open 5 days a week!

Shop fitting & Computers @ cost +/- R 250 000
Standard furniture @ cost +/- R 150 000

Asking for going concern R 590 000
Additional items:
Retail Stock @ cost R 195 000, retail Value R 360 000
Professional / Salon Use Stock @ cost 80 000

Optional Aesthetic / Specialised Equipment (Plasma, IPL, Slimming, PMU, G5, RF Needling, microdermabrasion, vacuum cupping, etc) @ R 320 000

Property Information

Real Estate:

Lease

Lease Terms:

Rental R 22 000 per month
6 months to 2/5 years can be negotiated

Location:

Kei Road, opposite the Square at Farrarmere. It is a prime location! Kei Road is very busy.

Premises Details:

Secure corner house with two access gates and ample parking.

Business Operation

Expansion Potential:

Add another hairdresser = R 40 000 to R 60 000 more turnover
Increase the Aesthetics Business = R 60 000 more turnover
Additional marketing and a price increase will increase the turnover to +/- R3.5mil in 2025.

Competition / Market:

The closest competitor is the overpriced Sorbet across the road. It leads to many passby potential clients entering the salon rather than attending the competition.

Reasons for selling:

My daughter manages the salon, and she is going to study next year. I have already pursued a career in a similar industry. I am looking for someone experienced in this industry to take over the salon, which is our pride. After 9 years, we are moving on to other opportunities.

Trading hours:

5 days a week

Employees:
8
Years established:
9

Other Information

Support & training:

The owner will provide training on the systems and procedures.

Inventory / Stock value:
R275,000
Website:
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Relocatable:
This business can be relocated.