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Sorbet Beauty Franchise In Winelands For Sale

Winelands, Western Cape, South Africa
Asking Price:
R1,400,000 Furniture / Fixtures included
Sales Revenue:
R4,200,000
Cash Flow:
R450,000

Become part of the Sorbet Franchise Group without paying for a new beauty salon.
This group has over 200 stores across South Africa and each Franchisee enjoys unwavering support from its Franchise Partner.

This salon is located in a well-known shopping centre with secure underground parking.
It has been operating for more than 10 years and has had only 2 owners.
The current owner is selling as a family member was managing the store and is now emigrating.
She owns another store which takes up most of her time.

Franchise conditions: Joining fee R125 000 after a vetting process and discussion with Franchisor. Monthly payable: 6.5% management fee, as well as a fixed fee for advertising.

The salon has 16 permanent employees, 3 treatment rooms, 5 pedi chairs and 6 mani stations.
It generates a turnover of R4.2m per annum with a net profit before tax of R450 000 or 10.7% profit margin. Although pay-back period is 36 months, this rare opportunity comes at a premium.
It is well established with a loyal customer base, excellent trained employees who come part and parcel with the sale and unlimited growth potential with a little more full-time attention.

Only interested parties who are serious about being part of this franchise group and who have unencumbered cash should request more information.

Property Information

Real Estate:

Lease

Lease Rent:
R625,000 per sq ft per annum
Location:

Busy centre

Business Operation

Reasons for selling:

Emigration.

Employees:
16
Years established:
10

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full handover by owner and ongoing support from Franchisor.

Financing available:

No

Furniture / Fixtures value:
R400,000 - included in the asking price
Inventory / Stock value:
R350,000
Relocatable:
This business can be relocated.