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Up-market Beauty Salon – Centurion For Sale

Centurion, Gauteng, South Africa
Asking Price:
R1,650,000
Sales Revenue:
R1,165,000
Cash Flow:
R720,000

Up-market Beauty Salon – CENTURION

Selling Price: R 1,650, 000.00
Stock: R 250,000.00
Turnover: R 1,1650,000.00 pa
Nett profit: R 720,000.00 pa

Description: Well established beauty salon primely located in an up-market Sports and medical Centre. 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, suntanning and health massage. This year the business experienced an upturn since the pandemic slow down. The current owners started the Salon in 2012 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 70m2 with facility to expand shop space. 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 over 3000 brings in regular monthly income however there is capacity for increased and new clients. This outlet is fitted with up-market modern and beautiful decor. The use of modern equipment and emphasis on staff courtesy coupled with qualified and trained beauticians, keeps customer returning time and time again. raining 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:

Lease

Lease Terms:

5 years

Leasehold Rent:

R143,000 per annum

Living Accommodation:

none

Location:

Centurion

Premises Details:

Leased in Cluster concept

Size in square feet:
70m2
Planning Consent:

No

Business Operation

Expansion Potential:

Yes good potential and space available

Competition / Market:

None in area

Reasons for selling:

Changing profession

Trading hours:

8am to 5pm for 6 day week

Employees:
4
Years established:
3 Years

Other Information

Support & training:

Yes

Financing available:

No

Furniture / Fixtures value:
R400,000
Inventory / Stock value:
R250,000
Relocatable:
This business can be relocated.