Business Traders is excited to present one of the most popular beauty salon franchises for sale, hurry these don’t come around often.
The average turnover for the last three years is R 2.6 million per year. This business had a 9% growth between 2018 and 2019.
This salon has been in operation for over 7 years and is located in a prime position and attracts a lot of foot traffic. It is part of a very reputable franchise and is well supported by the franchise. They have a very experienced team of therapists. Their client base is well balanced between existing repeat customers and a guarantee of growth as they have managed to secure a client base from one of the nearby franchises closing down.
It can run unassisted daily, only needing managerial oversight to ensure processes and procedures are remembered and practiced.
The rental agreement is very favourable with regards to low costs; this allows the fixed costs of the business to remain low.
This business is going for an absolute steal and you simply could not open a salon of this kind for cheaper.
Interested buyers will be requested to sign a confidentiality agreement before any additional information is passed on.
|Staff:||10 full-time staff members.|
|Asset Value:||R 350,000.00|
|Cash Flow:||R 145,389.00|
|Lease Terms:||Annual Escalation of 8%|
|End of Current Lease:||October 2022|
|Years Established:||4 years.|
|Stock/Inventory Value:||R 200,000.00|
|Trading Hours:||Mon - Fri: 8:00 am - 18:00 pm. Sat: 8:00 am - 17:00 pm. Sun 8:00 - 14:00 pm.|