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#Business ID: 37689

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Well Running Beauty Salon in JHB South For Sale

Business Location: Johannesburg, Gauteng, South Africa

Asking Price: R 950,000 Revenue: R 2,155,572 Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

A well-established beauty salon which started as a franchise in 2015 and was then converted into a non-franchise when the franchise agreement ended. This salon is based in a mall in Johannesburg. The salon is equipped for 5 nails stations, 4 rooms for beauty therapy and hair section. This business comes with 5 well-trained, experienced staff members, 2 beauty therapists and 3 qualified nail technicians.

This salon has an opportunity to break into the Hairdressing market as it currently has not tapped into that market. The salon has always been owner operated. The owner is now looking to retire. The asking price is R950 000 and the business generates an average monthly turnover of R179 632 with an average net profit of R21 014.

Please contact us for more details.

Property Details

Years Established:

2015

Property Type:

Lease

FF&E:

R 679,875

Inventory Value:

R 211,335

Other Business Details

Business Location:

This salon is located in a Mall based in Johannesburg South.

Competition:

This salon has been situated in the same location inside the mall for 8 years amongst other beauty services business and they have a good market share.

Business Operation Details

Employees:

5 employees

Trading Hours:

9am - 7pm

Miscellaneous Details

Reason For Selling:

The owner would like to retire and take care of her health.

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