Link Business
*** SOLD ***

Well-established and Popular Hairdressing Salon

R420,000Listing: #13501

About this business for sale

Well-established and Popular Hairdressing Salon
This modern and popular Amanzimtoti based hairdressing salon is situated in a significant shopping complex with good passing trade.

The Seller has owned the business for some two years and the business has been in existence for 5 years.

The outlet comprises 15 work-stations and is staffed by a number of senior stylists as well as the Seller who works in the Salon on Saturdays as a stylist.

The brand is showing good growth with trading performance up 20% on the previous year and the Seller has instituted several strategies and policies which ensure stability and growth.

The offering includes a management system and a detailed listing of +/- 1800 Clients.

The business assets are reckoned to be worth +/- R315k and the selling price of R420k includes +/- R50k in stock at cost. With monthly pre-tax profits of R16 500, this represents a 47% return on investment and/or a payback of 25 months.

For more information, kindly contact the listing Broker.

Johannesburg North
Mobile only
+27 82 452 8186

Ian Craig