021 552 1018

[email protected]

Price Range: From To

Business Description

One of 3 stores three stores in a popular shopping mall in Johannesburg’s Northern Suburbs. The owner also operates a Sorbet Dry-Bar and Sorbet Man

Business Details

  • Price: R1,700,000
  • Turnover: R5 000 000
  • Actual Profit/Year: R629 000
  • Turnover range: R5 000 000
  • Profit range: R629 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Changed family and career circumstances
  • Business history: 7 years (with current owner)
  • Expansion potential:
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: Salon: 3 treatment rooms, 5 mani tables, 4 pedi chairs
  • Rent & lease terms: R48 000 (including ops costs) / 8% escalation
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: Cost value R900 000
  • Stock included in sale:
  • Value of stock: R400 000 (Variable)
  • GENERAL COMPANY INFO:

  • Employees: 14 fully trained staff plus part-time manager
  • Trading hours: Monday - Thursday: 9pm—6pm; Fridays-Saturday 9am—7pm, Sunday: 9am - 5pm
  • Support & training: Joining fee R125 000. 6.5% royalty. 1 month mandatory training, 5 year contract.
  • Business Address

    • City: Johannesburg
    • Neighborhood: Johannesburg, Northern Suburbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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