Well-known and Lucrative Franchised Salon

We are excited to present a fantastic opportunity to acquire a highly profitable franchise beauty salon located in a bustling mall. As a reputable business brokerage, we have carefully evaluated this venture and are confident in its potential for success and growth.

This franchise beauty salon presents an excellent opportunity for individuals or entrepreneurs looking to enter or expand within the beauty industry. The combination of a prime location, established brand, diverse services, and experienced staff sets the stage for continued success.

If you are interested in exploring this opportunity further or would like to request additional information, please don't hesitate to contact us. We would be delighted to provide you with more details and arrange a private viewing.

Location: Helderberg
History: Over 9 years in operation

Reason for selling: Downscaling from 3 to 2 Sorbet salons due to family responsibilities

Rent: +/- R 77 000 p.m. - incl. all utilities

Lease expiry: August 2023 - renegotiable

Franchise fee: 6,5% of turnover

Inventory: +/- R 400 000

Turnover: +/- R 7 218 000 p.a.

Gross profit: +/- R 5 265 000 p.a.

Discretionary income: +/- R 770 000 p.a.

Selling price: R 4 000 000 excluding inventory

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