A wonderful, well-established and long-serving multidisciplinary beauty salon and massage spa, located in Sandton, with a successful reputation and a base of regular customers, offered at an attractive discounted price!
The seller is open to negotiations and open to structuring the agreement in the interests of both parties! This well-equipped business is equipped with the latest technology, including hair, wax and facial treatments (including eyelashes and permanent makeup), nail and nail care treatments (Pedi and Mani), spa body massage, laser hair removal (IPL and OPT). 360). deg) with well-trained staff who have a diversified income stream for those who are passionate about personal hygiene.
The company boasts a customer database of more than 3,500, with + -500 customers participating in a recurring loyalty program, which has grown significantly over the years due to the excellent quality and service provided by well-trained staff.
The business was doing exceptionally well, although Covid influenced it, as did many other areas of personal services. HOWEVER, since returning to work after closing due to a blockage within ± 5 months, revenue for the first month after reopening has exceeded 50% of the monthly average for the past 2 years, and the business is currently tracking + -75 -85% of revenue to Covid.
The owner sells after a limited time and diminished available managerial opportunities and other business interests, but is open to the concluded structure of the transactions.
While the owner is selling this fine-tuned operation, the Seller undergoes a change adaptation process and supports the new owner during and after the takeover for a reasonably agreed period to ensure that the new owner is completely comfortable after the transfer.
The price includes all equipment, furniture, training, support, personnel, but does not take into account the stock.
The existing lease agreement is valid until September 2021. The buyer is expected to assume the lease and may review the agreement with the landlord to extend or extend if necessary.
This is a very attractive opportunity to buy a well-organized, diversified business with a long-standing brand and a strong loyal customer base. The potential for exceeding Covid’s performance by adding online marketing and e-commerce in the hands of a focused new owner-manager will significantly increase productivity in the long run.
The room comes with 24-hour security and a backup generator for all tenants included in the lease.s.
Years established:
more than 4 years
