Business Summary

An upmarket salon, situated in a high traffic area that is well-known for its bustling streets filled with a variety of restaurants, cafés, boutiques, art galleries, and interior design shops, making it a fashionable destination. There is little competition in the area with only one other salon.

This business was founded in 2014 and has been going strong for years with a loyal client base who enjoy a unique home-away-from-home beauty experience. The salon specializes in waxing, pedicures, manicures, threading, and make-up. It has a total of 5 well trained staff members and that consist of 1 front of house manager, 3 therapists and 1 back of house assistant.

The business is priced at R750 000 excluding stock and generates an average monthly turnover of R176 913, with a monthly net profit of R55 613 before the owners’ drawings.

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