Modern, beautiful full salon with 6 Nail Stations, 2 Treatment Rooms, a Kitchen, an Office, and a Bathroom with shower (for spray tanning). It includes a Hair Salon consisting of 2 wash basins, 5 hairdresser/barber chairs, a waiting area, and an extensive retail section.
The Beauty Salon includes Aesthetic Devices for Slimming (Laser Diode, Cavitation), Hair Removal (E-Light IPL / SHR), IPL Skin Rejuvenation, Permanent Makeup (2 Devices), Plasma Pen, Ozone, Micro needling, RF Needling, Mesotherapy, Massages (G5) and many more.
Our well-established online store provides a constant source of income over and above the in-store product sales. The online store is growing yearly by +/- 20% with current sales revenue of over R 500 000 annually.
The salon is located in Rynfield, Benoni, in a shopping centre that provides regular walk-ins, resulting in steady customer growth. The salon is load-shedding proof due to a 65KVA diesel generator conveniently located far away from the salon.
There are no similar competing businesses in the shopping centre.
Similar salons will sell for 2.9 mil to 3.5 mil.
Our asking price should be R 2 950 000 + Stock.
We are asking only R 2 195 000! Urgent sale, owner relocating.
Our Management Accounts are available on request.
Sales revenue projections:
2024 : 3 500 000 to 3 800 000
2025 : 3 950 000 to 4 400 000
2026 : 4 465 000 to 5 100 000
We are still growing, with over 4000 clients on our books.
Similar salons operate at:
Gross Profit (73% - 75%)
Expenses (60% - 65%)
Profit (8% - 12%)
ROI (Return on investment) > 20%
All staff earn a basic plus commission. The commission is on a sliding scale based on the value of the services done in the month.
We do not have any "rent-a-chair" employees, and the staff will continue to work for you the new owner.
All aircons were replaced in March 2024, and the salon was also repainted in March 2024.
For more information, please get in touch with us.