Beauty Salon in JHB South

Price : R 950,000
Listing Type : Health & Beauty
Location : Johannesburg
Ref No. : 2917
Year Established : 2015
No. of employees : 5
Trading Hours : 9am - 7pm
Lease Term : Expires 2023
Turnover : R 179 631 pm
Cost of Sales : R 97 646 pm
Expenses : R 60 572 pm
Net Profit : R 21 014 pm
Asset Value : R 679 875
Stock Value : R 211 335

A well-established beauty salon which started as a franchise in 2015 and was then converted into a non-franchise when the franchise agreement ended. This salon is based in a mall in Johannesburg. The salon is equipped for 5 nails stations, 4 rooms for beauty therapy and hair section. This business comes with 5 well-trained, experienced staff members, 2 beauty therapists and 3 qualified nail technicians.

This salon has an opportunity to break into the Hairdressing market as it currently has not tapped into that market. The salon has always been owner operated. The owner is now looking to retire. The asking price is R 950 000 and the business generates an average monthly turnover of R179 632 with an average net profit of R21 014.

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