Verified Listing
Posted on February 26, 2021 / 277
Price : R500,000
Listing Type : Health & Beauty
Location : Sunninghill
Ref. No : 2705
Year Established : 2014
No. of Employees : 6
Trading Hours : 9am - 6pm
Lease Term : Oct 2021
Turnover : R 152 000 pm
Cost of Sales : R 21 000 pm
Expenses : R 96 000 pm
Net Profit : R 35 000 pm
Asset Value : R 244 000

Well established and long standing hair salon business fully equipped with 8 stations and 4 wash basins, kitchenette and reception area.  The salon is ideally located with a strong clientele and has potential to reach greater heights with the new owner. Existing lease is up for renewal in October and a new lease can be as part of the sale arrangement. Business can be owner managed and current manager is willing to stay on and provide training The existing staff compliment of experienced stylists who are on a commission based remuneration structure can be taken over.

Washington Mashanda – Broker Head Office