A salon which has been in existence for more than 4 decades has become available. It boasts an established client base and a dedicated, professional team. This is a promising venture for a prospective buyer seeking to expand and capitalise on its potential.
- Asking Price:
- R400,000
- Sales Revenue:
- R1,065,000
- Cash Flow:
- R204,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
+/- R26 900 p/m (excl. services)
- Leasehold Rent:
-
R322,800 per annum
- Location:
-
Located in popular mall.
Business Operation
- Expansion Potential:
-
A new owner can capitalise on this opportunity by introducing new offerings and implementing effective marketing strategies, such as SEO and ad-word campaigns, to attract a wider clientele and drive revenue growth.
- Reasons for selling:
-
Owner is pursuing other business opportunity.
- Employees:
- 5
- Years established:
- Established for over 4 decades
Other Information
- Support & training:
-
To be provided.
- Inventory / Stock value:
- R1
- Distressed:
- This business is a turnaround opportunity.
