Verified Listing
Posted on September 2, 2020 / 48
Price : R550,000
Listing Type : Health & Beauty
Location : KwaZulu Natal
Ref. No : 2652
Year Established : 2014
Trading Hours : 8am-5pm
Lease Term : 2 year renewal
Turnover : R 73 750
Cost of Sales : R 33 416
Expenses : R 26 333
Net Profit : R 14 000
Asset Value : R 47 000
Stock Value : R 70 000

This is a well-established and popular Health, Wellness, and Beauty SPA operating as a “one-stop-shop” for all treatments since 2014.

The shop boasts a highly trained staff with strong staff retention. Very good growth opportunities exist for an individual with the right passion for the beauty service industry.

Reason for selling: owner entering motherhood. Latest annual financials (Feb 2020) – Turnover: R 885K, GP: R 484K, Net income: R 168K. Fixed assets: R 47K. Asking price: R550K plus stock (about R 70K).

Douglas Pieterse – KZN North Coast