Verified Listing
Posted on September 17, 2020 / 31
Price : R1,250,000
Listing Type : Health & Beauty
Location : Johannesburg
Ref. No : 2653
Year Established : 2019
Lease Term : Exp. July 2022
Turnover : R 40 115 pm
Expenses : R 37 015 pm
Net Profit : R 3 100
Asset Value : R 1 016 578
Stock Value : R 436 044

This Upmarket Nail & Beauty Salon was rebranded in August 2019 and provides a one stop beauty and relaxation shop for clients that value holistic well-being. This business was at breakeven prior to the Covid 19 Pandemic and is now well positioned for growth. Hours of Operation: Mon to Fri 9:00 – 18:00, Sat 9:00 – 16:00 and Sun 9:00 – 14:00

The business has top of the range fittings, fixtures and equipment with a well-trained team including a manager that is extremely competent and reliable. The asking price is R 1 250 000.00 with an asset value of R1 016 578, average stock value of R436 044 and monthly turnover of R40 115.

If you have been interested in starting your own beauty salon or looking to expand your current operation into an upmarket area with wealthy clientele, then this is the ideal opportunity for you.

Mfundo Nhlabati – Head Office