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  • Mandate: 34430
  • Added: 27 Jan 2021
  • 361

Well known hairdresser and novelty shop

Gauteng, Other
361
Mandate 34430
Added 27 Jan 2021
R 2,500,000* ZAR
Stock: R 1,000,000
Assets: R 0
R 77,000 ZAR
Louis Aucamp
Aldes Pro
Gauteng
Summary

a well known hair dresser and novelty shop in Boksburg.

Well known hairdresser and novelty shop
SELLING PRICE
R 2,500,000* ZAR
Stock: R1,000,000
Assets: R0
R 77,000 ZAR
Summary

a well known hair dresser and novelty shop in Boksburg.

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Fully describe the business's activities?
Hair dresser and novelty shop in busy street of Boksburg. Well known business in the area for the last 25 Years.

How long has the owner had the business?
Owner established the business.

How are the clients attracted to the business?
Word of mouth

What Advertising/Marketing is carried out?
none

Is the business VAT Registered?
no

What is the total staff complement?
3 hair dressers 3 general staff for shop

Do any receive special perks or incentives?
no

Do any have management potential?
no

How involved is the Owner in running the business?
owner is there every day

When does the current lease end?
2029

What are the trading hours?
mon to fri 6.30 to 5.30 sat 6.30-13.00 Sun 8.00 - 12.00

What is the square meters of the business?
3 shops/room 60sqm each plus toilet and 3 rooms for rent .

What are the main assets of the business?
8 hairdresser chairs 30 showcases POS Generator

What is their overall condition?
Fair

Strengths?
Loyal staff Business has good reputation

Weaknesses?
Owner is old and does not look after business any more.

Opportunities?
Propper marketing and owner involvement will increase market share.

Threats?
South african economy

What is the reason for the sale?
owner is old and needs to retire

Why is this a good business?
Well known business in the area that will thrive under new owners and energy.

What is the price plus stock and the profit?
asking R1 500 000 plus stock of R1 000 000

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FRANCHISE DETAILS

Aldes Pro

3 members
24 active mandates
Gauteng
Malcolm Road
0000

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