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Profitable Body Tanning and Swimwear Store in Sandton

 

PROFILE    
Description:    A top end destination store for travel, weddings, occasions and getaways - offering a high end service and brands of premium quality with unmatched hands on service. Quality swimwear and beauty products (international brands) are offered to a loyal client base. The current owner is preparing for motherhood which is an opportunity for an entrepreneur to take over this well established business.
Industry / Sector:    Services - Body and Health
 
LOCATION    
State / Province:    Gauteng RSA
City / Town:    Johannesburg
Location / Area:    Sandton, Bryanston, Fourways
Metro Proximity:    Johannesburg.     It should be possible to commute from this metro city to the business location.
Portability:    Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
 
PRICE    
Asking Price:    R 2 400 000
Conditions:    At least 75% Cash
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 380 000 per month
Profit:    R 110 000 per month
Annual Return:    55 % per annum
No. of Staff:    2
Year Established:    2012
Legal Persona:    Private Company (Pty) Ltd
Other Information:     
        BUSINESS OVERVIEW        

  • LEGACY OF LUXE:
    Founded in 2012, this business has cemented its position as one of South African most sought-after swimwear and beauty product destinations.
    With a wide variety of on line store products this business makes it convenient and is moving with future technology.
     
  • REVENUE STREAMS:
    The monthly turnover is an average of R380,000 for the last two years with a monthly net profit of R 110,000. This indicates the business's strong financial standing.
     
  • TEAM OF MAESTROS:
    Two seasoned professionals, each an expert in their craft, ensure that clients receive top-tier service. Their extensive experience would be used to train the new owner to run the business effectively. There is management potential for expansion.
     
  • CONTINUITY and GROWTH:
    The seller's commitment to the handover is evident. They are willing to provide comprehensive training and support to the new owner, ensuring a smooth transition.
     
        BUSINESS SPECIFICS        

  • PLUSH PREMISES:
    Covering 140m² in the north of Johannesburg and easily accessible from all directions, the business offers a spacious and comfortable environment for both clients and staff.
     
  • LEASE SECURITY:
    A 5-year (negotiable) lease at a monthly rental of R21,000 ensures stability and a prime location for the foreseeable future. However the business can easily be relocated anywhere in South Africa as many of the products are sold online nationwide.
     
  • OWNER OPERATED:
    The business operates smoothly under a proficient streamlined management system, ensuring consistent service and profitability.
     
  • SOLID PROFITABLE FINANCIALS:
    A robust monthly net profit of R 110,000 underscores this profitable venture, promising steady returns to its new owner.
    All the management accounts are accurate and up to date, which make this business really exceptional.
     
The operation offers various services and products. Specialising in professional swimsuit and shape-wear fittings, they are leading Stockist’s for several top brands. People come from all over South Africa to get specialised fittings and expert advice on the best exclusive tanning products.

With beauty and business woven seamlessly together, this well-established beauty products and swimwear business presents a chance to own and operate a venture with a proven track record of success. Whether you are passionate about the beauty industry or simply seeking a lucrative business opportunity, here's your call to make the cut.

        KEY FEATURES        

  • Price: R2,400,000
  • Average Monthly Net Profit: R110,000
  • Premises Size: 140m2
  • Estimated Assets Value: R500,000
  • Year Established: 2012 - trading for 14 years
  • Average Monthly Turnover: R380,000
  • Stock Value: R800,000
  • Business Owner Operated: Yes
  • Seller Will Assist / Train buyer: Yes
  • Lease Term for Premises: Negotiable
  • Reason for Selling: Stay Home Mom
  • Number of Employees: 2
  • Monthly Basic Rental: R25,000
  • Property Included in The Sale:: No
  • Business is Profitable:: Yes
  • Business Industry: Retail/Service
  • Average Monthly Payroll Expenses: R70,000

 

 

Access a ''Contact Form'' where you can provide your own contact details and ask any relevant questions. The form will be sent directly and immediately to the seller of this business.
Record ID: 2989
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