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Hair Salon for sale in Hermanus

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Reference Number: 100847
Sector : Services
Area : Overberg            Suburb : Hermanus
Monthly Net Profit : R24 500
Annual Turnover : R620 000
Purchase Price : R295 000
 
Industry and Location:

Services
Salon

Area: Overberg
 
Business History:

 This hair salon has been in operation for more than 17 years. The current owner bought it in 2012. 
Description:

Hair Salon for sale in Hermanus

 Well established hair salon for sale in centre of Hermanus. Operates Tuesday to Friday and Saturdays, closed on Sundays.  Excellet location with ample parking available.

The target market is specifically mothers but also women aged 19 to 60 which makes up 80% of the clientele with 5% seniors (over 60). 15% of turnover is generated by 3- 18-year-old’s.
 
Business Details
Value of Assets: R 10 000
Established Year: 2000
Legal Entity:
Sole Proprietor
Expansion Possibilities:
Business premises next door is available for expansion
Monthly Rent:
R 5 500
Annual Escalation:
10
Lease Period:
5 years
Size of property:
30m²
Stock at cost: R 50 000
Other Info :
 
Reason For Selling:

Owner has another business opportunity

 
 


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