Hair Salon Franchise
Location South Africa
Asking Price Range < $250K
Gross Revenues $190000
Net Profit / Cash Flow $190000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 65000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Full Training.
Reason for Sale Part of franchises well developed an ready for ...
Description The hair salon is modern with a unique styling system for coloring and highlights that reduce the turnaround time for the processes and ensure larger profits but also better and consistent results for the client. It forms part of a well known group of franchises. It includes 550 clients, perfect referral system and already established marketing strategy. The client establishes a CC. It is situated in Lynnwood on the same premise as a well-known beauty salon. Its overheads are low and the rent has just been renewed at R2200 a month. The premise is 30m2 and it employees 2 persons on a commission base. There is additional rental space for a nailbar. The starting up costs and marketing has been done, so the new owner can take over and start making profits from day one. The owner doesn't have to be a hairdresser. The hairdressers are competent and earn an additional passive income. It has already shown a profit after the first year of operation and grows fast. The mark up percentage is 100% and up. Contact for more information on this Hair Salon Franchise business for sale.
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