Property Description
ABOUT THIS BUSINESS: Very prominent and popular beauty salon and spa with a very sound customer base.
OPERATIONS: Owner managed with excellent, qualified staff.
REASON FOR SELLING: Retirement.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R950,000.00 as a going concern
STOCK VALUE: R20,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R970,000.00
PROFITABILITY:
ANNUAL TURNOVER: R1 165,000
AVERAGE MONTHLY TURNOVER : R97,000
NET PROFIT (EBITDA) PER ANNUM: R264,000
NET PROFIT (EBITDA) PER MONTH: R22,000
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 4.2
ROI(RETURN OF INVESTMENT): 27%
MPB(MONTH’S PAY BACK): 51
ASSETS:
MARKET VALUE: R421,000
ASSET VALUE RATIO TO SELLING PRICE: 39%
