BEAUTY SALON - $150k profit L/F Year
Stock Included: No
Stock Value: —
Years Est: 30 years
Gross Revenue: 405,000
Our beautiful salon is well known and boasts 100 sqm with 4 treatment rooms, tan room, kitchen, reception and waiting area. 5 staff members are currently employed in the salon 5 days a week to service our very large client base. The loyalty of some clients extends over 20 years. Fully equiped salon with no money to spend, turning over $400,000 plus per annum.
The cost of this salon will be less than a fit out of a new salon and comes with established turnover.
There is currently just over 1 years left on the lease and the property managers are happy to extend the lease further for up to 7 years.
The business is priced well below established market rates and after the appropriate NDA (Non-Disclosure Agreement) is signed an initial confidential meeting can be arranged, a detailed information pack will be provided.
The desicion to sell has not been one to take lightly. Life is taking me in a different direction and my years of service at Beauty By The River has come to a happy close. I hope to hand over to someone who will contiue to love the business as much as I have and see it thrive even more in the years to come.
Based on even modest profit expectations the buy price could be repaid within 12-18 months. This represents an outstanding opportunity for a motivated and energetic buyer. Included in the sale all plant & equipment (including dermal machines), furniture and fixtures, goodwill plus stock at cost.
The owner is willing to provide a reasonable training period to assist with the smooth transition of the business. The owner also believes that one of the existing staff would make a good manager, if required.
This business would be suitable for an investor or owner operator and provides a much better alternative to starting a new beauty salon which would cost more to fit out and would not have the current revenue.
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