Buy a Busy Newly Renovated Hair Salon For Urgent Sale business for sale in Kempton Park on BusinessesForSale.com

  • Listing ID: 865955

Busy Newly Renovated Hair Salon For Urgent Sale For Sale


Price Reduced

Location:
Category:
Type:

Asking price:
R350,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
R720,000
Cash flow:
Available on request
Years established:
Current owner - 2 Years. Including previous owners - 10 Years
Employees:
6


Newly renovated, well situated busy hair salon for sale. 6 Work stations, 3 wash basins, separate colour room and big reception area. Currently employs 3 qualifieds including current owner, 1 Operator and 3 apprentices. Current owner willing to stay on for 1 months for smooth take over. Client basis growing rapidly and shop has great potential. Reason for selling - Owner relocating.


Real Estate:
Lease
Lease terms:
3 years left on the current lease.
Landlord willing to negotiate new 5 year lease with a option to renew.
Leasehold rent:
R96,000 per annum
Location:
Part of a busy center with a Spar, Pharmacy, Dry Cleaner, Stationers and Confectionery.

Expansion potential:
Big shop has potential for more work stations and at least 2-3 more qualifieds.
Support & training:
Current owner is willing to stay on for 1 month for smooth take over.
Reasons for selling:
Current owner relocating very soon.
Trading hours:
Monday to Friday - 07h30-18h00
Saturday - 07h00-15h00
Sunday - Closed
Furniture / Fixtures value:
R75,000 (included in the asking price)
Inventory / Stock value:
R4,000 (included in the asking price)
Related documents:

For more information about this business for sale, click the Contact Seller button.


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