Business For Sale,Businesses For Sale,Beauty,Nail Bar For Sale,Nails,Hands, Feet,Pretoria Business For Sale,Gauteng Business For Sale
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Nail Bar in Pretoria East
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Business For Sale


BUSINESS FOR SALE OVERVIEW


Popular, successful and well established Nail Bar in a great Pretoria East location


BUSINESS SELLING DETAILS

  Selling Price     855,000   Turn Over Per Month     73,158 
  Stock Included 60,000    Profit Per Month 23,984
  Assets Included  400,000   R.O.I %  32%
  Total Price   855,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  All nail treatments including hands and feet.
Sale of related retail products
When was the business established? Since September 2017
How long has the owner had the business? The owner started the business
 How Does The Business Operate
How does the business operate on a daily basis Manager run and fully operational with all the services done by qualified Nail Technicians.
How are the clients attracted to the business? Well established client base of regulars
Great convenient location
Services well priced
What Advertising/Marketing is carried out? Social media including Instagram, Facebook.
Regular promotions and special offers.
Does the business have any contract work? No
What competition exists? Various other Nail Salons offering the same services
Seasonal Trends? November and December are the busiest
Summer and spring seasons are the best months
 Financial Information
Vat Registered?  No
Vat Documentation on File?  Not registered
Management Accounts?  Yes
Audited Financials? 2019,2020 and management accounts for current
What as Cash/Credit Split? 85% Credit Card
Debtors Book Age Analysis N/A
How can you improve the profitability? Retail stock
Offer additional beauty services
   Staffing Of the Business
What is the total number of Staff? Four staff full time
Staff Breakdown 3 x Nail technicians
1 x Supervisor (Optional, potential R10k saving after May)
Staff Special Perks and Bonuses? All work on Basic Salary and Commission
Are the staff on Contract? Yes
Does any of the staff have management potential? No
How involved is the Owner in running the business? Not at all
  Premises Of the Business
When Does the Current Lease ends? November 2022
Is there an option to renew? Yes
What is the annual escalation % 10%
What are the Trading Hours? 08:30-18:00 Monday to Friday
08:30-14:00 Saturday
What is the square meters? 42m²
Is a copy of the lease available?  Yes, on file
Do You require a license? No
 Assets Of The Business
Full Asset List available? Fixtures and fittings and Inventory
Asset list available for review for serious buyers
 Anything not included in the sale? Building fittings including tiles, plumbing, aircon, etc.
 What is condition of the assets Good condition
 Any Assets on Lease/HP that Buyer needs to take over?  No
 Are they insured at the moment?  Yes
  SWOT Of The Business
 STRENGHTS Location
Services
Atmosphere
Nail technicians
 WEAKNESSES Additional products and services
Management
 OPPORTUNITIES Grow and expansion
 THREATS Normal competitors
 Summary
Why is this a good business It is well established with a great name and loyal client base. There is room to grow.
Why is the owner selling it? Owner is involved fulltime in another business


Business For Sale,Businesses For Sale,Beauty,Nail Bar For Sale,Nails,Hands, Feet,Pretoria Business For Sale,Gauteng Business For Sale

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have viewed this page since 09 February 2021