High End Hair Salon For Sale – Owner To

HIGH END HAIR SALON For Sale – Owner to

Stock Included: — Stock Value: —

Years Est: — Gross Revenue: —

Location

The Salon is located very close to transport and has ample free off street parking. Near the main road that intersects the Northern beaches. It is a great location for any owner/staff to work and very central to the data base of clients.

Potential

The salon has space to either employ new staff or rent out their extra capacity to other hair dressers. Currently the owner is renting out one chair for $100 a day. There is space for 3 others. Another opportunity for the purchaser is the contacts and possible leads that the current vendor can offer into the high-end fashion market here in Sydney.

Training

You will need to be qualified to be able to cut and style hair. Some basic management skills would be handy but not essential

Trading Hours

Monday-Friday 9am - 6:00pm, (variable depending on clients needs

Lease

Current Lease: Expires 30/09/21
Options: 3 years

Employees

Nil. Has someone renting a chair in the Salon

Reason For Sale

The owner has been offered other opportunities to extend his reach in Fashion shows and thus is finding it hard to juggle the operations of the business. He would love to work with someone in the Salon that is willing to run the business

About The Business

• Data base has over 580 Female clients and 170 Males
• Central main shopping strip location on the Northern Beaches
• Established 16 years
• Owner is a very well-known hair stylist in the industry
• Owner wants to stay on in the business
• The salon already has one chair rented out but room for more staff or 3 more chairs to be rented out
Not only appealing for an owner operator but also for an investor, this business location and attention to quality, with friendly customer service, makes inspection a must.

Genuine motivated seller, realistic price and strong financials.

CONTACT JEREMY O’GORMAN TODAY FOR A MORE DETAILED BUSINESS SUMMARY

Years Established

The owner of the business has been based on the north side of Sydney for over 20 years. Since opening the salon, the vendor has been in a couple of locations around the same suburb and has been in the current location for close to 5 years. The owner has a very strong loyal clientele with some of his clients even traveling as far from the Central Coast to have their hair styled.

Financials

Period (Per Year)

Revenue $174,027

Rent $38,184

Expenses $72,371

Net Profit $63,472

Additional Details

Status Changed: 2020-04-01