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Modern Beauty And Health Centre For Sale
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Business For Sale

BUSINESS FOR SALE OVERVIEW

A health and beauty business with modern equipment in Johannesburg North is for sale. The business specialises in newHealth & Beauty Business For Sale revolutionary centimetre loss treatment using ultrasound technology. You will be trained and get the state of the art equipment in a custom built centre in a discreet small office development just of a main road, easy access for you clients, private enough for celebs

Fitment Centre For SaleSELLING DETAILS

Selling Price

290,000

Turnover pm

22,848

Stock

5,000

Profit pm

9,971

Total Asking Price

295,000

Net Assets Incl.

200,000





Pretoria Business For Sale




MANDATE REPORT

1. History Background

Fully describe the business's activities

A health and beauty business with modern equipment in Johannesburg North is for sale.  The business specialises in new revolutionary centimetre loss treatment using ultrasound technology.  You will be trained and get the state of the art equipment in a custom built centre in a discreet small office development just of a main road, easy access for you clients, private enough for celebs.  The business use ultrasonic technology for non-invasive lipo-therapy.  The two owners do all the treatments.

How long has the business been established?

2 Years

How long has the owner had the business?

2 years.

What steps are in place to solve "load shedding" problems

N/A

2. Present Market

How does the business operate on  a daily basis

Owner operated in by two partners that treats all the clients and handles everything

How are the clients attracted to the business

Word of mouth, promotions i.e. Groupon, regular clients frequents the business

What Advertising/Marketing is carried out

Specials from time to time, promotions, advertising in local newpapers.

Does the business have any contract work

No contracts, but regular clients that lose weight, follow clients and have a range and repeat treatments.

What competition exists

Normal competition but they have a unique offering in the area.

What are the seasonal trends

Inter months are slower but promotions assist with that

3. Financial

Is the business VAT Registered

No

What VAT documentation is on file?

N/A.

Are there up to date management accounts?

Yes

What audited financials are available, income statement and or balance sheets?

Trail Balance for 28 February 2013 .

What percentage of the business is cash/credit?

No Credit, 20% Cash rest is EFT or C/C

What is the age analysis of the debtor’s book?

N/A

How could the profitability of the business be improved?

They have 3 cubicles, 2 is for Ultrasonic Lipo, 1 for IPL.  You can easily do facials, nails and massages as well.

Is Seller finance available and for what amount?

No

4. Staffing

What is the total staff complement?

2 Partners only, no staff.

Staff Breakdown and length of service

N/A

Do any receive special perks, bonuses or incentives?

N/A

Are they on contract?

N/A

Do any have management potential?

N/A.

How involved  is the Owner in running the business

Owners operated currently.

5. Premises

When does the current lease end?

The one seller’s husband owns the premises and will gladly provide the new owner with a lease that suits them, ie 3 years.  Note that the current lease agreement (that will also be available to the new owner) allow the usage of the reception for this business, that also include, tea/coffee for clients and cleaning of the business. This includes parking, 24 hour security and 24x7 internet.

Is there an option of renewal & what period

See above

What is the annual escalation %?

What are the trading hours?

Mon – Fri 08:00-17:00

Sat 08:00 – 13:00

Close

What is the square meterage of the business?

36m2 .

Is a copy of the lease available?

Yes

Do you require a licence?

No.

6. Assets

Is a full asset list on file?

Yes owner to provide

Are any items not included in the sale?

Personal laptop of seller

What is their overall condition?

Good.

Do any require repairing?

No

How have they been valued?

Replacement

Which assets are on lease/HP and with whom?

None

What are their settlement amounts?

N/A

Will Seller settle or Buyer to take over?

N/A

Are copies of agreements available?

N/A

Are they presently insured?

Yes.  They current owners also have special public liability insurance.

7. S.W.O.T. Analysis

Strengths

Nice position, Very low overheads.

Weaknesses

A bit small

Opportunities

Secure more contracts.

Threats

None perceived

8. Reason For Sale

What is the reason for the sale?

The Owner cannot continue due to Health Reasons.

9. Conclusion

Why is this a good business to buy?

An opportunity to help change people’s lives with an exciting business.  This is for someone with energy and passion and that can add extra services to the business.





 

Beauty Business For Sale,Health Business For Sale,Slimming Salon For Sale,Johannesburg Business For Sale

Reference - R131007
 


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