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Internationally Accredited Wellness and Aesthetics College
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PROFILE |
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Description: |
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This is a well-loved, fully operational spa boutique and international college of aesthetics which is located in a high foot-traffic lifestyle precinct in Cresta, Randburg. It enjoys great visibility, secure parking and proximity to malls and surrounding suburbs. The brand name is already trusted in Gauteng for quality aesthetics education and affordable luxury. This is a turnkey business with an existing client base, trained staff, fully equipped training rooms, global recruiters relationships, and multiple revenue streams from day one. |
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Industry / Sector: |
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Education and Training |
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LOCATION |
| State / Province: |
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Gauteng RSA |
| City / Town: |
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Johannesburg |
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Location / Area: |
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Johannesburg |
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Metro Proximity: |
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Johannesburg. It should be possible to commute from this metro city to the business location. |
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Portability: |
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Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable
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PRICE |
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Asking Price: |
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R 4 000 000
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| Conditions: |
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Negotiable |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 260 000 per month
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| Profit: |
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R 150 000 per month
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| Annual Return: |
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45
% per annum
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| No. of Staff: |
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7 |
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Year Established: |
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2013 |
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Legal Persona: |
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Sole Proprietorship |
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Other Information: |
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GENERAL OPERATIONS
This is a hybrid wellness business operating from Cresta in Randburg. It functions as both a client-facing beauty and wellness boutique and a beauty and aesthetic education institution offering comprehensive beauty, nails, massage and aesthetics training. It is fully accredited with three international bodies and one which is local.
PREMISES
The necessary leases in place, there is the possibility to buy and the landlord indicates that lease renewal is available.
ASSET VALUATION
Assets worth are worth about R300,000 such as aesthetic machines, massage beds, steaming devices and lots more.
All are in very good working condition.
A stock of items and uniforms given to learners at registration is also available.
STAFFING
The staff are stable and very well trained and well experienced.
MARKET and CUSTOMERS
There is a stable base of existing loyal customers and clients.
There is probably capacity to increase prices.
REASON FOR SALE
The owner is relocating.
NON-DISCLOSURE AGREEMENT
Any interested party will need to be prepared to complete and sign an non-disclosure agreement. Confidentiality could impact on staff issues and/or effect supplier and customer relationships and for these reasons the NDA will specify the limitations on use of information supplied. This protects all parties involved.
FINANCIAL INFORMATION
The net profit is EBIT (earnings before interest and tax) and the R 150 000 shown is for the lowest months.
Busy months can be as high as R 200 000 net profit.
Audited Financials are available up to 2025
HANDOVER ARRANGEMENTS and TRAINING
The owner is willing to train the new owner.
The stay-on time would be a negotiated issue.
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Record ID: 3023
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