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LocationSouth Africa, Gauteng

Sector - New Franchise Opportunities

Asking Price
R3,608,500
Monthly Profit
R 117,713
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 1,412,550

Summary

NuSkinnovation is not a beauty salon in the normal sense of the word. Instead, it is an aesthetic clinic which provides individualised, superior aesthetic services employing the very latest, state-of-the-art technologies. However, what truly distinguishes NuSkinnovation as a leader in the aesthetics treatment industry is their passion for helping people, and the immaculate attention they pay to the needs of their clients throughout the entire treatment process.

NuSkinnovation provides a range of individualised, superior cosmetic services, primarily through the use of Intense Pulsed Light, or IPL, which include photo rejuvenation, hair removal, facial threat veins, age spots, redness diffusion, teen acne, uneven pigmentation and telangiectasias

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Background and History

It all started in 2013 when NuSkinnovation’s founder, Nicolene Pelster, went for her first Intense Pulsed Light treatment. Highly impressed with the results achieved by this treatment, the look and feel of the skin after treatment, and the added benefits – freckles had disappeared after only one session – Nicolene decided to establish her own company, NuSkinnovation. She is a qualified Selective Waiveband Technology (SWT) operator and the company uses only the latest system in SWT treatment.

Products and Services

This enabled NuSkinnovation to offer a wide range of services, including:

• Photo rejuvenation
• Hair removal
• Facial threat veins
• Age spots
• Redness diffusion
• Teen acne
• Uneven pigmentation
• Telangiectasias

Training and Head Office Support

The franchisor shall provide the franchisee with 2 (two) weeks’, initial, on-the-job training, as well as 5 (five) days’ intensive training on the SWT systems. The latter is provided by the supplier of the machine. Training shall comprise both the theoretical and practical aspects of the business, including SWT and or laser training, accounting software, operations, customer relations, administration, etc.
A strong head office support team provides franchsiees with ongoing support, assistance and advice, ensuring the success of the outlet.

Assets

Assets include a complete turnkey set-up, 2 fully equipped treatments rooms, systems to the value of R2 672 000, furniture, fittings, stationary and stock. Training is also included in the price.

Employees

Franchisee and a qualified somatologist with laser experience must be appointed to perform the therapy.

Location, Building and Lease agreement

NuSkinnovation is a destination business and the premises therefore should be located in a high-end, upmarket area, fully air conditioned, easily accessible with ample, safe parking, and a market-related rental. The premises must be approximately 100m² in area and able to accommodate a reception area, kitchen and at least two treatment rooms.

Financials and Forecasts

Profit projections provide for a nett profit of around R1 412 550 in the second year, and R1 969 125 in the third year, with both systems. This translates to a return on investment of 2 years.

Monthly Fees

Franchise Fees of 6% Gross Sales for 1st year, 7% for second year and 8% from third year.
Advertising Contributions of 2% of Gross Sales

Conclusion

An excellent business which is highly profitable and which offers a great ROI. Ideal for the more sophisticated business owner.

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Johan

Johan Steyn

LocationSouth Africa, Gauteng

Preferred method of contact

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