UP-MARKET BEAUTY SALON – BEDFORDVIEW

SELLING PRICE: R 1,550,000.00

AVERAGE T/O: R 200,000.00 p/m

NETT PROFIT: R 50,000.00 p/m

SALON ASSETS: R 1.245 Mill (Replacement Value)

STOCK: R 60,000.00

DESCRIPTION: This business has been in existence for over 17 years and primely located in an up-market Mall. The beauty sector being one of the oldest industries in the market is a necessity for the consumer. This year the business experienced amazing growth despite the previous years pandemic slow down. Its core business is in the grooming and beauty maintenance sector. Services include treatment for nails, waxing, facial, hair, pedicure and health massage. The current owners started the Salon in 2011 and although it is an owner run operation they do not go in every day. Current Area is 57m2. There are currently 4 staff on basic plus commission. They sell a well known top of the range facial brand to suite their upmarket clientele who are also a loyal client base. The business is not franchised however they have created an outlet with beautiful internal decor. The use of modern equipment and great emphasis on staff training with qualified beauticians, keep customer returning time and time again. Over the past year this business has seen rapid growth with a current client base of over 1000 customers. Training and support will be provided and all systems and processes such as POS and suppliers are in place to help deliver the very best service to customers.

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