Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Successful Salon Supply Business In Eastern Cape For Sale

Eastern Cape, Eastern Cape, South Africa
Asking Price:
R1.5M - R3M Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R100K - R500K

Source and Distribute products to all types of hair and beauty salons across all groups!

This successful 40-year-old business includes 4x loyal staff, vehicles, off-grid POS and devices, Facebook/Instagram/Pinterest accounts, in-house liquid haircare products and hair bundle brands, manufacturing info, and customer/supplier databases. You will also inherit successful systems in place.

The longevity of this business means that it has unwavering support from the clients, as well as suppliers.

This is a business for someone who knows how to buy and sell - industry-specific knowledge is a bonus, not key.

GP for this business is high and so is the potential for growth in the Eastern Cape and beyond.

Property Information

Real Estate:

Lease

Lease Terms:

Yearly-as wanted. Business not dependent on exact address.

Leasehold Rent:

205 0000 per annum

Location:

High Street Wholesaler-Not dependent on location.

Premises Details:

We are currently in a converted house , with small warehouse, behind counter sales and wig/salon equipment room. Parking is important as this is destination shopping. We also provide free delivery service in our area, and charge for other areas.

Business Operation

Expansion Potential:

Massive potential to grow- decreased size over covid, and can grow easily as 3000 strong database is still in order. Online opportunities, as well as wholesale with own brand products.

Competition / Market:

We are very strong and present in our marketplace, continuously improving our offerings with deals and specials. We encourage new products and work with the salons when they begin their journeys with cost-effective furniture, and then later assist with upgrades. Our competition in this sector exists but does not affect our business long term. There is definitely space to outgrow any real threats, but in 40 years we have had no long-term ones.

Trading hours:

8 to 5 Monday to Friday

Employees:
4
Years established:
40

Other Information

Support & training:

Previous owner happy to support and educate on all suppliers, products, deals and other industry specific norms. Introductions to systems in place and will assist with moving if need be. Limited time available face to face, but online will be available as needed.

Furniture / Fixtures value:
R200,000 - included in the asking price
Inventory / Stock value:
R300,000
Relocatable:
This business can be relocated.