Established in 2023 and boasting quality products, this business has appeal not just with the local markets but extends internationally. Its reputation is synonymous with customers loyalty and to its unmatched services. As the current owner prepares to embark on expanding the brand in Dubai and other successful international markets, there lies a golden opportunity for a visionary entrepreneur to step in and carry on this business legacy of excellence.
Business Overview:
- Legacy of Luxe: Founded in 2023, this business has cemented its position as one of South Africa’s most convenient destinations.
- From 2023 the quality products have become increasingly visible in the eyes of customers as the businesses are found in the best prime location in Johannesburg.
- Revenue Streams: The monthly turnover over the last year, averages at R1,350,000, with a monthly net profit of R 495,000 which offers a glimpse into the strong financial standing of the business.
- Team of Maestros: A brigade of seasoned 16 professionals, each an expert in their craft, ensures that customers receive top-tier service. The massive experience behind these professionals created the opportunity to freely run the business with some of the businesses having the potential for expansion.
- Continuity and Growth: The seller’s commitment to the business products continued success is evident. The seller is willing to provide comprehensive training and support to the new owner, ensuring a smooth transition and guaranteed success.
Business Specifics:
- Plush Premises: Covering 220 m² in the best malls and area of Johannesburg North and easily accessible from the highway, the business offers a spacious and comfortable environment for both customers and staff.
- Lease Security: Between 3 to 5-year (Negotiable) leases at approximate monthly rentals including all utilities and other leasing costs of R 240,000 ensures stability and a prime location for the foreseeable future, a percentage of the business products are sold through a third party delivery online, making it convenient to local customers.
Owner Operated and Profitable:
- Streamlined Management: The business operates smoothly under a proficient management system, ensuring consistent service and profitability.
- Solid Financials: A robust monthly net profit of R460,000 underscores the business’s position as a profitable venture, promising steady returns to its new owner.
With this business woven seamlessly together, this well-established business presents a chance to own and operate a venture with a proven track record of success. Whether you’re passionate about this type of business or simply seeking a lucrative business opportunity, here’s your call to make the cut.
Adel Nofal
