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PROFILE |
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Description: |
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This business was started in 2019 with one salon from home and expanded to to the five salons today. The salons specialise in laser technology, nails and other beauty treatments. The only reason the owner is selling is that she is pregnant and wants to concentrate on spending full time with family. The business is run by managers at the different salons. The assets are valued at R2,78 million. Full training will be given to a new buyer. The locations of these 5 salons are placed in strategic positions in A/B income areas. |
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Industry / Sector: |
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Healthcare |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Pringle Bay |
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Location / Area: |
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Pringle Bay |
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Metro Proximity: |
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Cape Town. It should be possible to commute from this metro city to the business location. |
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Portability: |
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Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
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PRICE |
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Asking Price: |
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R 1 900 000 |
| Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 300 000 per month
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| Profit: |
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R 55 000 per month
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| Annual Return: |
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35
% per annum
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| No. of Staff: |
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18 |
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Year Established: |
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2019 |
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Legal Persona: |
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Private Company (Pty) Ltd |
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Other Information: |
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