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Well Running Nail Salon For Sale

Sandton, Gauteng, South Africa
Asking Price:
R750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R900,000
Cash Flow:
R80,000

A small boutique nail salon in Johannesburg North prime area . Salon 4 years old and we have built great clientele and the business has grown with potential to grow even more . Buyer would take over existing lease and current owner will negotiate additional 3 year lease. The center is growing with a new restaurant preparing to come in the and the community is niche and supportive . There is a small community park .Buyer would inherit existing staff.

3 x Nail tables
3 x Pedicure stations
1 x Treatment room - Facials, waxing, massage, lashes, make up
1 x Reception
1 x Patio waiting area
All existing stock and furniture

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

14 months on current lease . Can secure additional 3 year renewal

Leasehold Rent:

R120,000 per annum

Location:

Neighborhood Shopping Center

Premises Details:

Located in a shopping center with growth small only salon in the area.

Business Operation

Expansion Potential:

Business at 75% investment in advertising and more infrastructure will grow the business

Competition / Market:

None in 6km radius

Reasons for selling:

Seeking to invest in a new business in a totally different industry and move out of the current neighbourhood to the Northwest province.

Trading hours:

08:00 - 18:00 open everyday

Employees:
4
Years established:
4

Other Information

Furniture / Fixtures value:
R180,000 - included in the asking price
Inventory / Stock value:
R70,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

Contact Information

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