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Well Known Beauty Salon In Hermanus For Sale

Hermanus, Western Cape, South Africa
Asking Price:
R950,000 Furniture / Fixtures included
Sales Revenue:
R1,600,000
Cash Flow:
R470,000

This well known, profitable beauty salon, with excellent location, offers the complete range of beauty and spa treatments from top to toe, as well as a hair stylist. More advance treatments such as botox is also done on site. This salon is one of only a handful of salons in Hermanus which offers affordable couples packages.

Annual turnover: R1.6 million

Annual Nett profit: R470,000

Management statements and full brochure available upon completion of NDA

Property Information

Real Estate:

Lease

Lease Terms:

5 years with the option to renew a further 5 years

Leasehold Rent:

R172,000 per annum

Location:

Excellent location and also visible to visitors to Hermanus

Premises Details:

Approximately 80 sq.m at R14000 per month

Business Operation

Expansion Potential:

To be discussed

Competition / Market:

Limited competition as it is one of only a few salons which offers the complete beauty and spa treatments

Reasons for selling:

Owner is relocating

Trading hours:

Mon to Fri: 09:00 to 17:00
Sat : 09:00 to 15:00

Employees:
3 Therapists
Years established:
2

Other Information

Support & training:

Owner will give support and training for one month

Inventory / Stock value:
R25,000
Relocatable:
This business can be relocated.

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