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Up-market Hair & Beauty Salon! Bedfordview! R 900,000! For Sale

Bedfordview, Gauteng, South Africa
Asking Price:
R900,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Up-market Hair & Beauty Salon – Bedfordview EAST RAND

Selling price R900,000.00

Stock:R160,000.00

Average T/O R200,000.00 PM

Nett profit: R50,000.00 PM


Well established beauty salon primely located in an up-market and popular Mall. The beauty sector being one of the most resilient industries in the market is a necessity for the consumer. Its core business is in the grooming and beauty maintenance sector and services include treatment for nails, waxing, facial, hair, pedicure and health massage. This year the business experienced an upturn since the pandemic slow down. The current owners started the Salon in 2011 and although the current owner participates in the day to day activities, it is well staffed to run on their own. Current Area is approx 75m2. There are currently 4 staff on basic plus commission. Additional income is derived from a top of the range facial brand to suite their upmarket clientele. The business is not franchised thereby saving on Franchise Fees. A loyal client base brings in regular monthly income however there is capacity for increased and new clients. This outlet is fitted with modern and pleasant internal decor. The use of modern equipment and emphasis on staff courtesy coupled with qualified and trained beauticians, keeps customer returning time and time again. Over the past year this business has seen rapid growth with a current client base of over 1000 customers. Training and support will be provided and all systems and processes such as POS and suppliers are in place to help deliver the very best service to customers.

Property Information

Real Estate:

Real Property Included

Location:

IDEALLY LOCATED IN BEDFORDVIEW! EAST RAND!

Size in square feet:
807

Business Operation

Expansion Potential:

HUGE EXPANSION POTENTIAL!

Competition / Market:

NONE!

Reasons for selling:

OTHER BUSINESS INTERESTS!

Trading hours:

8 AM TO 5PM

Employees:
4
Years established:
13

Other Information

Support & training:

WILL BE PROVIDED IF NEEDED!