Business for Sale

Hair Salon Lucrative Buy for Sale

business for sale Lucrative salon for sale in a busy location. 5 Year- established business with a constant clientele base. Salon includes fully furnished kitchenette inclusive of espresso machine, salon equipment and stock, newly refurnished and upgraded hair stations (6), shampoo stations (3). Beautiful reception area with waiting lounges. One hair station currently let to private stylist on monthly basis.

Business Details

REF AB80
Asked Price R 800,000
Location Durban | KwaZulu-Natal | Empangeni
Business Type Hair Salon
Reason for SellingOwner wishes to pursue another investment
Year Established2007
Number of Employees 5
Monthly TurnoverR 180,000
Monthly Net Profit R 30,000
Monthly Payroll Expense R 110,000
Movable Assets Value R 450,000
Stock Value R 20,000
Owner Oporated Business Yes
This is a Frenchise BusinessNo
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 9000 M2
Lease Term 1 Years
Monthly Rental R 25,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation