Up-market Beauty Salon and Spa – Bedfordview

Selling price R600,000.00

Average T/O R180,000.00 PM

Nett profit: R20,000.00 PM

Salon Assets: R1.2 Mill (Replacement Value)

Stock R 50,000.00

This quaint and beautifully decorated Beauty Salon is primely located in an up-market Venue in the hub of other health and exercise facilities. The beauty sector being one of the oldest industries in the market is a necessity for the consumer with the business being in existence for over 14 years. This year the business experienced amazing growth despite covid-19 pandemic slow down. Its core business is in beauty maintenance sector. Services include treatment for nails, waxing, facial, pedicure and health massage. The current owners started took it over from the founder and runs the day to operations of the business. Current area is approximately 50m2. There are currently 4 staff on basic plus commission. They sell a top quality local manufactured facial cream range which suite their upmarket clientele just perfectly. The outlet is beautiful with up-market internal decor and treatment room. The use of modern equipment and great emphasis on staff training with qualified beauticians, keep customers returning time and time again. Over the past year this business has seen rapid growth with client base with a large intake from passing trade.