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LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R425,000
Monthly Profit
R 14,866
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 178,396

Summary

Slimming and weight-loss using EMS machines (slimming pads) and infrared.

Give me more information

Fully describe the business's activities?

Slimming using EMS machines (slimming pads) and infrared. Sessions are 3 x 30 min or 2 x 45 min sessions per week. Work on a contract basis with ONE, THREE or SIX month contracts.

How does the business operate on a daily basis?

Normal operating hours are 7am-7pm.
New owner can make their own operating hours according to your appointment schedule

What Advertising/Marketing is carried out?

Franchisor does National advertising. They have a FB page and Instagram. They also make use of bulk SMS's

How could the profitability of the business be improved?

Increase your number of beds and have 6 instead of 4, which will immediately increase profits without the same increase in expenses

Give a breakdown of staff/ functions/ length of service?

Staff member does most of the strapping, weighing and measuring but can run the salon as well. Ideally owner needs to be in salon when busy with helping take off beds.

Do any have management potential?

Yes most definitely

How involved is the Owner in running the business?

Owner is present most of the time but this is not necessary once you have introduced the new client

When does the current lease end?

June

What are the trading hours?

7am to 7pm

What are the main assets of the business?

4 x Slimming Machines 4 x infrared lights and scale = valued at R350 000
2 x chairs, reception desk, all linen and towels
Signage

Strengths?

Constant flow of business. With contract monies roll from month to month. Well known brand

Opportunities?

Always opportunity to expand to increase income with adding more beds

Threats?

None that we know of.

What is the reason for the sale?

Owner is moving out of the area.

Location

Contact | Enquire

Nic

Nic Nortje

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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