Asking Price
R295,000
Monthly Profit
R 24,663
Asset Value
R 0
Stock Value
R 7,000
Yearly Net Profit
R 271,289
Summary
This hair salon does not have much competition in the area. It is located in a very busy location
Give me more informationFully describe the business's activities?
Hairdressing which includes cutting, coloring, perming, highlighting
How does the business operate on a daily basis?
The business opens Tuesday to Saturday 8h00 to 16h00,
Sunday from 8h00 to 12h00
Mondays business is closed
Sunday from 8h00 to 12h00
Mondays business is closed
What Advertising/Marketing is carried out?
None
What competition exists?
There are very few hairdressers in the area therefore there is not a lot of competition
How could the profitability of the business be improved?
An additional hair stylist can be employed
Give a breakdown of staff/ functions/ length of service?
Coloring and shampooing
Cleaning the shop and making tea and coffee
Cleaning the shop and making tea and coffee
How involved is the Owner in running the business?
The owner runs the business
What are the trading hours?
Tuesday to Saturday 8h00 to 16h00
Sundays 8h00 to 12h00
Sundays 8h00 to 12h00
What are the main assets of the business?
Assets list includes:
Front desk with a phone, 6 chairs,2 waiting chairs, shelf display, hair chair for a child, haircut and tinting trays, trolley, wall unit with towels,1 fridge,1 kitchen table, 3 Kitchen Chairs, 1 Microwave, 1 cupboard, 1 Trolley for cups, 1 Washing machine, cups, saucers, kettle, teaspoons, knife, cutting gowns, tinting bowls, sterilizer for combs, tinting brushes, 2 cabinets to keep tools and handbags, a new sign in front
Front desk with a phone, 6 chairs,2 waiting chairs, shelf display, hair chair for a child, haircut and tinting trays, trolley, wall unit with towels,1 fridge,1 kitchen table, 3 Kitchen Chairs, 1 Microwave, 1 cupboard, 1 Trolley for cups, 1 Washing machine, cups, saucers, kettle, teaspoons, knife, cutting gowns, tinting bowls, sterilizer for combs, tinting brushes, 2 cabinets to keep tools and handbags, a new sign in front
Strengths?
They have about 350 active clients. The location and area are excellent. There is very little competition in the area.
Weaknesses?
An additional hairdresser is needed to run optimally
Opportunities?
A new generation stylist can well serve the current community
Threats?
Covid-19 lockdown restrictions
What is the reason for the sale?
The owner wants to retire
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
Sign up for our Sellers' Portal Affordable monthly packages
More businesses you may like
More similar, inspiring businesses for sale
SA, Gauteng
SERVICES
Easy to operate business which is both fun and profitable.
800,000
YNP - R 412,741
SA, Gauteng
SERVICES
Moving Company With Years Of Goodwill and Loyal Customers For Sale
6,010,000
YNP - R 2,109,130
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
What Are The Advantages Of Buying An Existing Business
What Are The Advantages Of Buying An Existing Business
10 Questions To Ask When Buying A Business
10 Questions To Ask When Buying A Business
The Transformative Power of Business Coaching: Unleashing Success and Growth
In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne
Sellers
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.
10 Factors That Influence The Value Of Your Business
10 Factors That Influence The Value Of Your Business