Property Description
ABOUT THIS BUSINESS: Very prominent and popular beauty salon and spa in busy centre.
OPERATIONS: Owner managed with excellent, qualified staff.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R495,000.00 as a going concern
STOCK VALUE: R5,000.00 (estimated)
TOTAL ACQUISITION VALUE (INCLUDING STOCK): R500,000.00
PROFITABILITY:
ANNUAL TURNOVER: R785,000
AVERAGE MONTHLY TURNOVER : R65,000
NET PROFIT (EBITDA) PER ANNUM: R185,000
NET PROFIT (EBITDA) PER MONTH: R15,500
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 2.7
ROI(RETURN OF INVESTMENT): 37%
MPB(MONTH’S PAY BACK): 32
ASSETS:
MARKET VALUE: R208,000
ASSET VALUE RATIO TO SELLING PRICE: 42%
