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Trio Of Beauty Salons In Johannesburg Northern Suburbs For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R4,500,000 Furniture / Fixtures included
Sales Revenue:
R13,900,000
Cash Flow:
R1,700,000

Three franchised stores in a single entity. Located in a popular shopping mall in Johannesburg's Northern Suburbs. A Sorbet Beauty Salon, Sorbet Dry-Bar and Sorbet Man.

Owning a Sorbet franchise is a lifestyle choice.
Freedom to be your own boss, But part of a growing and successful network.

Which provides professional management tools, access to stockists of the best product ranges, staff training and pioneering innovation in the beauty industry. All of which translates into a superior competitive position in the market.

When you buy this store you also get fully trained and ready staff, an established customer loyalty database and a location which will deliver immediate and proven profitability.

Price excludes stock.

Property Information

Real Estate:

Lease

Lease Terms:

new 5-year lease to be entered into.

Leasehold Rent:

R1,870,000 per annum

Location:

Located in a popular, up-market Northern Suburbs Shopping mall

Premises Details:

3 separate stores in close proximity. Approximately 100 sqm each

Business Operation

Reasons for selling:

The owners family has grown up and she now wished to resume her professional career.

Trading hours:

Mon-Thurs 9am-6pm; Fri-Sat 9am-7pm; Sun 9am-5pm

Employees:
36
Years established:
7 years

Other Information

Support & training:

One- month full-time initial operator training plus ongoing employee training, franchise support and national marketing provided by franchisor

Furniture / Fixtures value:
R2,800,000 - included in the asking price
Inventory / Stock value:
R1,000,000

Contact Information

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