021 552 1018

[email protected]

Price Range: From To

Business Description

An established store with a sound client base and trained staff. Located in a shopping mall near Cape Town’s Western Suburbs.

Prospective purchasers should have at least 50% of the purchase price as unencumbered cash. 

Since the Covid lockdown in March-June 2020 sales have recovered to 80% of normal and the owner has managed to negotiate a lower rental. 

Business Details

  • Price: R950,000
  • Turnover: R3 600 000
  • Actual Profit/Year: R502 000
  • Turnover range: R3 600 000
  • Profit range: R502 000

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner downscaling to 1 store to allow more family time.
  • Business history: 4 years with current owner
  • Expansion potential: Next revamp required in 2-3 years
  • PROPERTY DETAILS:

  • Fixed property included:
  • Premises Details: 1 treatment rooms 4 mani stations, 3 pedi chairs
  • Rent & lease terms: New 5-year lease to be established.
  • ASSETS AND STOCK:

  • Assets included in sale: Fully fitted and equipped to franchisor specification 4 years ago
  • Value of assets:
  • Stock included in sale: No
  • Value of stock: R400 000
  • GENERAL COMPANY INFO:

  • Employees: 11
  • Trading hours: Monday - Saturday: 9am—7pm; Sunday: 9am - 5pm
  • Support & training: Comprehensive support, training, marketing and operational system from the franchisor makes this a proven and attractive business model which affords the owner a enviable lifestyle.
  • Business Address

    • City: Cape Town
    • Neighborhood: Western Suburbs (Blouberg / Tableview)
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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