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Successful Hairdressing Salon In Alberton For Sale

Alberton, Gauteng, South Africa
Asking Price:
R999,000 Furniture / Fixtures included
Sales Revenue:
R1,315,000
Cash Flow:
R385,000

A well run and functioning Hairdressing Salon for sale in Alberton.

This opportunity is suitable for a hair dressing professional who will work in the salon, as well as run and manage the tenants that rent chairs and space from the seller.
Bring your own clients and have access to over 1000 customers who make use of the salon.

The Salon has been established for 11 years in at the current premises, but the goodwill and assets have been built over a period of 27 years by the Seller.
Everything that one would need to run and operate a successfull salon can be found here.

This Salon offers other services as well - such as Nail Technicians and a Beauty salon too.

The sale does NOT include the building but has a secured lease agreement in place.

Currently there are 5 Hairdressers, 3 nail technicians and a beauty salon that rent space from the owner and there are still at least 3 more chairs spaces that can be filled and rented out.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

The current lease was negotiated for a shorter period due to the Seller immigrating. The Seller will introduce the Buyer to the Landlord to discuss any further leasing conditions or requirements.

Leasehold Rent:

R324,000 per annum

Living Accommodation:

Not Applicable

Location:

Prime location on a busy Intersection In Alberton, Gauteng

Premises Details:

The Salon is one of 9 tenants in a building located on a busy corner which is visible from the busy road intersection. The Seller leases from the building owner and has a one years lease agreement in place

Planning Consent:

The building is zoned for this kind of business activity.

Business Operation

Expansion Potential:

The Purchaser can rent out more chairs and space in the salon to other related salon proprietors for extra monthly income. The Seller has over 1000 clients that the buyer can take over as well as any clients the buyer can bring to the salon that they already service.

Competition / Market:

No competition of the same caliber in the near vicinity.

Reasons for selling:

The Seller is immigrating.

Trading hours:

Weekdays 7am to 5pm depending on client demand
Saturdays 7am to 3pm
Sundays - closed

Employees:
2
Years established:
26 years

Other Information

Support & training:

The seller is willing to assist with introducing their clients to the new prospective purchaser as well as ensure the buyer is aware of the day to day running of the Salon. The Seller is immigrating and will rent a chair until such time as they leave. Final support and training is to be negotiated between the buyer and the Seller at the time of a sale.

Furniture / Fixtures value:
R525,000 - included in the asking price
Inventory / Stock value:
R100,000
Relocatable:
This business can be relocated.

Contact Seller

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