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Successful Hair & Beauty Salon For Sale

Cape Town - Southern Suburbs, Western Cape, South Africa
Asking Price:
R3,995,000 Inventory / Stock included
Sales Revenue:
R2,000,000
Cash Flow:
R2,000,000

A successful hair and beauty salon for sale located in the Southern Suburbs of Cape Town is up for sale. The property and the business is up for sale together. With a payback period of 1 year, this is an attractive business to buy. The business can also be run off the grid from municipal water and electricity.

Business:
- 30 years running
- 600 active clients
- Impressive cashflow and turnover

Assets:
- R50 000 worth of retail stock
- R200 000 worth of fixtures and fittings
- R90 000 generator
- Off the grid water system

Property:
- Located on the Main Road in Plumstead, great street visibility
- Parking for 14 cars off-street
- Dual Access

Property Information

Real Estate:

Real Property Included

Location:

Main Road. Prime high street location and great street exposure

Premises Details:

Situated on a freehold location

Size in square feet:
5,400
Planning Consent:

Property has departure rights

Business Operation

Expansion Potential:

The business and property has the potential to grow immensely.

Competition / Market:

No immediate competition

Reasons for selling:

The owner is retiring.

Trading hours:

Monday: 8am to 2pm
Tuesday: 8am to 2pm
Wednesday: 8am to 5:30pm
Thursday: 8am to 5:30pm
Friday: 8am to 5:30pm
Saturday: 8am to 3pm
Sunday: Closed

Employees:
8
Years established:
30

Other Information

Support & training:

Owner will stay on for a 3 month handover.
The staff get training twice a month by suppliers and one a month by the owner

Financing available:

Traditional private or bank lending

Furniture / Fixtures value:
R200,000
Inventory / Stock value:
R50,000 - included in the asking price
Relocatable:
This business can be relocated.

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