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#Business ID: 26458

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Beauty And Hair Salon in Cape Town For Sale

Business Location: Cape Town, Western Cape, South Africa

Asking Price: R 180,000 Revenue: R 100k to 250k Cash Flow: R 100k to 250k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Private sale.
A long-established beauty salon in the Cape Town CBD catering for tourists, residents and commercial clients. Also has a Hair Salon attached which is subletting.
Covid-19 lockdown has taken its toll on the business but it will likely re-establish itself once the covid-19 restrictions are lifted.
Sale at asset value.

Lease Terms: 2 year contract with Mowana property
Leasehold Rent: R15,000 per annum

Please contact us for more details.

Property Details

Size:

100

Years Established:

1999

Property Type:

Lease

FF&E:

R 20,000

Inventory Value:

R 15,000

Other Business Details

Business Location:

In the city center of Cape Town

Premise Details:

Very spacious premise with 6 treatment rooms, a manicure and pedicure area and a hair salon separated.

Competition:

No competition as most competitors closed due to COVID.

Expansion Potential:

Potential to expand

Business Operation Details

Employees:

1999

Trading Hours:

8am - 5pm Monday to Friday 8 - 1pm Saturday - every last Saturday of the month and every first Saturday of the month

Support & Training:

I will be involved in the business if needed until the end of the year.

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
If interested we can offer a 3 month period of buying the business and if wanting the name too, then that can be paid over time.

Reason For Selling:

Immigrating

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