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Hair Salon - Hairdresser - Retail - Established 20 Years For Sale

Sydney, New South Wales
Asking Price:
$99,000 (AUD)
Sales Revenue:
$554,840 (AUD)
Cash Flow:
$113,724 (AUD)

Retail hair salon with 12 cutting / colour stations, 4 basins, spray tan room, 2 beauty rooms (rented to beauticians for $200 p.w. which is included in takings shown). - Large retail stock range - Fit out cost over $250,000. - Currently has parttime Manager but could be run under full management.

Potential
Could be run by owner operator and save on wages - Increase social media advertising, - Introduce traditional advertising.

Features
20 years of loyal clients. - Staff mostly long term employees in place for up to 15 years.

Premises
Modern building with an area of 147 sq. mts. in busy health care precinct.

Location
Situated in a shopping strip in Sydneys South West

Trading Hours
6 days - Mon.- Tues.- Thurs. - Fri. - 9 a.m. to 530 p.m. - Wed. - 9 a.m. to 9 p.m. - Sat. - 8 a.m. to 4 p.m.

Lease
Current 5 + 5 year lease commenced May 2011 - 3 months rent bond - 3.5% ------.-.-.-. increases.

Employees
1 full time Manager + 2 full time seniors + 2 part time seniors + 1 x 1st year apprentice.

Comments

Property information

Location:

Situated in a shopping strip in Sydneys South West

Business Operation

Expansion Potential:

Could be run by owner operator and save on wages - Increase social media advertising, - Introduce traditional advertising.

Trading hours:

6 days - Mon.- Tues.- Thurs. - Fri. - 9 a.m. to 530 p.m. - Wed. - 9 a.m. to 9 p.m. - Sat. - 8 a.m. to 4 p.m.

Employees:
1 full time Manager + 2 full time seniors + 2 part time seniors + 1 x 1st year apprentice.
Years established:
1998

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