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Profitable Franchised Beauty Salon in Atlantic Seaboard
R 3,500,000
Reason for Reporting
This franchised salon is part of a leading beauty brand in South Africa, offering a range of premium services such as hair care, skincare and nail treatments. The business is located in a very affluent area and is known for its exceptional customer service and luxurious facilities.
Whether clients are looking for a rejuvenating massage or a pampering skincare session, the business provides a tranquil and inviting atmosphere for relaxation and self-care. With expert staff and a reputation for excellence, this business is the go-to destination for beauty enthusiasts in the Atlantic Seaboard.
Location: Atlantic Seaboard
History: In business for over 9 years
Reason for sale: Owner wants to focus on other businesses
Rent: +/- R 51 000 p/m- incl. all utilities
Franchise Fee: 6,5% of turnover
Turnover: +/- R 5 950 000 p.a.
Gross Profit: +/- R 4 180 000 p.a.
Discretionary Income: +/- R 804 000 p.a.
Selling Price: R 3 500 000 excluding inventory
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