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Upmarket Beauty And Wellness Spa In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R3,200,000 Furniture / Fixtures included
Sales Revenue:
R1,500,000
Cash Flow:
R100K - R500K

A rare opportunity to own a luxurious lifestyle business!
This stylish, sophisticated business was established 2 years ago and no expense has been spared in creating this chic upmarket 312sqm space.
Offers a wide range of services to cater for all needs, from massages, facials, chemical peels, to nails, lashes, brows and much more
Strategically situated in a sought after mixed-use suburb in Cape Town, an ideal location to capitalise on demand.
The owners have other business interests that require their attention.
Selling price – R3.2mill
Furniture, fixtures and fittings – R2.8mill (included in the selling price)
Stock – R180k (included in selling price)
Turnover – R1.5mill pa (Impacted by the lock down)

Property Information

Real Estate:

Lease

Lease Terms:

8 years remaining on 10 year lease

Leasehold Rent:

R720,000 per annum

Location:

Prime sought after suburb in Cape Town

Premises Details:

312sqm space

Size in square feet:
312sqm

Business Operation

Expansion Potential:

Huge opportunity to continue growing this business

Competition / Market:

No competition at this upmarket level and offering in area

Reasons for selling:

Owners have other business interests that require their attention

Trading hours:

7 days a week

Employees:
6 permanent
Years established:
2 years

Other Information

Support & training:

Full handover will be done

Furniture / Fixtures value:
R2,800,000 - included in the asking price
Inventory / Stock value:
R180,000
Relocatable:
This business can be relocated.

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