Ref. No - BFS934701
South Africa, GautengRef. No - BFS934701
Sector - Services
Asking Price
R1,115,000
Monthly Profit
R44,280
Asset Value
R 600,000
Stock Value
R 15,000
Yearly Net Profit
R 531,354
Summary
2 Upmarket barber and grooming shop in Centurion. The store is currently manager run, greater owner involvement will bode well for this business.
Give me more informationFully describe the business's activities?
2 x upmarket and trendy barber and grooming services in great locations.
Both barber shops are manager run, with the owner providing minimal oversight.
Both barber shops are manager run, with the owner providing minimal oversight.
How does the business operate on a daily basis?
Tues - Fri 9am - 6pm
Sat 8am - 4pm
Sun 9am - 3pm
Sat 8am - 4pm
Sun 9am - 3pm
What Advertising/Marketing is carried out?
Website
Facebook and active social media presence.
Facebook and active social media presence.
What competition exists?
Barber's in and around the area.
How could the profitability of the business be improved?
Increased marketing and active owner involvement.
Give a breakdown of staff/ functions/ length of service?
5 x barbers. Open and close the store on a daily basis.
Do any have management potential?
Yes, currently running the store without owner involvement.
How involved is the Owner in running the business?
Not involved at all.
When does the current lease end?
2026
What are the trading hours?
Tues - Fri 9am - 6pm
Sat 8am - 4pm
Sun 9am - 3pm
Sat 8am - 4pm
Sun 9am - 3pm
What are the main assets of the business?
Full asset list available to qualified buyer.
Strengths?
Great offering, trendy upmarket look and feel.
Well trained barbers.
Well trained barbers.
Weaknesses?
Needs more owner involvement.
Opportunities?
Get involved in the local community.
Replicate similar offering in another location.
Replicate similar offering in another location.
Threats?
None perceived.
What is the reason for the sale?
Owner has other business interests,
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