Ref. No - BFS00339
South Africa, KwaZulu-NatalRef. No - BFS00339
Sector - Sales & Services
Summary
Established, modern hair salon in the Upper Highway area: servicing men, women and children.
This well-established business benefits from steady foot traffic, boasts a loyal clientele, committed team, and a strong reputation, within a prime high traffic area.
The business has seen consistent revenue growth compared to previous years; owing to its quality of service, selection of products from top brands, and growing brand awareness.
The business has been structured with systems and processes that enable it to be run by a hands off owner; and as such is defacto manager run.
The turnkey nature of the business, with trained staff and fully fitted facilities, allows for seamless ownership transition and immediate cash flow. An ideal purchase for a stylist looking to own their own salon, or an investor.
Opportunities: Team growth, rental opportunities, stronger marketing, hours expansion, additional services.
Reason for sale: Relocation
Purchase Type: Asset (as operates as Sole Prop)
Sale Price: R350,000
Stock Value: R40,000 - R50,000
Bookkeeping accounts are actively updated and monitored, and can be provided at request and are up to date to May 2026.
Give me more informationFully describe the business's activities?
Established, modern hair salon in the Upper Highway area: servicing men, women and children.
This well-established business benefits from steady foot traffic, boasts a loyal clientele, committed team, and a strong reputation, within a prime high traffic area.
The business has seen consistent revenue growth compared to previous years; owing to its quality of service, selection of products from top brands, and growing brand awareness.
The business has been structured with systems and processes that enable it to be run by a hands off owner; and as such is defacto manager run.
The turnkey nature of the business, with trained staff and fully fitted facilities, allows for seamless ownership transition and immediate cash flow. An ideal purchase for a stylist looking to own their own salon, or an investor.
Opportunities: Team growth, rental opportunities, stronger marketing, hours expansion, additional services.
Reason for sale: Relocation
Purchase Type: Asset (as operates as Sole Prop)
Selling Price: R350,000
Stock Price: R40,000 - R50,000
Bookkeeping accounts are actively updated and monitored, and can be provided at request and are up to date to May 2026.
How long has the business been established?
Since 2019
Is the business VAT Registered?
No - currently operating as Sole Prop
How many employees?
6
Give a breakdown of staff/ functions?
Combination of stylists, manager and assistants.
How involved is the Owner in running the business?
Hands off. Manager run. Turnkey solution.
When does the current lease end?
Second half 2027.
Is there an option of renewal & what period?
Yes - Minimum 1 year, but landlord will happily do 3 years, and does offer rent freezes for longer leases.
What is the annual escalation %?
8
What is the square meters of the business?
Just over 100
Is a copy of the lease available?
Yes
Do you require a licence?
No
What lease deposit and/or other surety is required?
1 Month, plus utility deposit.
What are the main assets of the business?
Furniture, Tech, Equipment.
Full list available.
What is the reason for the sale?
Relocation
Why is this a good business?
Easy turnkey business for an investor to add to their portfolio. Everything is in place, simply pick it up and go.
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