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Vibey Unisex Barber/hair Salon In Busy Centre For Sale

Sandton, Gauteng, South Africa
Asking Price:
R850,000 Furniture / Fixtures included
Sales Revenue:
R4,000,000
Cash Flow:
Undisclosed

This is your opportunity to acquire the trendiest Rock n’ Roll themed Barber shop and Hair Salon in the Northern suburbs of JHB!

This business is situated in the very busy strip mall with loads of traffic.  

Catering for both men, women, young, old and even the kiddies who are wanting the latest trendy hairstyle! 

Also sell a range of hair products with a Selection of own-brand hair and beard products. 

This Business has been operating for 17 years.

Staff – 11 with 10 highly experienced hair stylists.

Asset value – around R500 000.

Current Turnover – R4 million pa.

Current Net Profits –  R337 000 pa (Manager run with little owner involvement.)

Selling Price – R850 000 (excl. stock.)

Reason for selling – The owner has other businesses that require his full focus.

There is huge potential for a more hands on entrepreneur or barber/stylist to increase the turnover and profits of this long-established gem!

Property Information

Real Estate:

Lease

Location:

Busy strip mall

Business Operation

Expansion Potential:

This sytrong Brand could quite easily be franchised.

Reasons for selling:

Owner has other businesses that need his undivided attention.

Trading hours:

Mon - Fri: 9am-6pm.
Sat: 9am-5pm.
Sun: 9am-3pm.

Employees:
11
Years established:
17

Other Information

Support & training:

Full handover by owner.

Financing available:

No.

Furniture / Fixtures value:
R500,000 - included in the asking price
Inventory / Stock value:
R40,000