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Hair Salon and Beauty Studio Sthn Gold Coast

$ 200,000.00
Reference Number
2487
Title
Hair Salon and Beauty Studio Sthn Gold Coast
Date business was established
2003
Business for
Sale
Additional information
Business features
  • Car Parking
  • Disable Access
  • Residential/Commercial
  • Signage
  • Est. Lease
  • Freehold
Additional information
Summary
This salon has a long following from regulars over many years. Fitted out with 12 stations, 3 wash basins and a beauty studio with state of the art beauty equipment. Long term staff keep the owners involvement in the salon to two days per week.
Revenue
$571,980 Financial Year ended 30th June 2018
Skills
Anyone who is a competent manager, a hair dresser or a beauty therapist would be an ideal owner for the business.
Hours
Monday to Friday 8.30 am – 5.00 pm, Thursday night to 8.30 pm.
Saturday from 8.30 am – 3.00 pm
Closed Sundays
Lease
Lease runs until October 2022.
Location
Local shopping centre anchored by Coles and 22 specialty stores
Employees
4 full time employees plus 3 casuals with the owner in the salon 2 days each week.
Reason for Sale
After 15 years in this business and 30 plus years in hair dressing, the owner is retiring to enjoy her new grandchildren.
About the Business
This recently renovated Hair Studio has a stunning fit out as well as a Beauty Treatment room and Nail Bar.
It is located in an area that is growing with families moving in and increasing the demand for services which automatically brings growth.
This business has a high percentage of repeat clients and offers all aspects of hair dressing from children to the mature aged.
This busy salon is computerised which tracks their bookings, new clients and sales information. They handle over 10,000 customers a year and get over 1500 new customers each and every year.
A CCTV security system allows the owner to view the salon live from her mobile phone or computer for added peace of mind.
The owner will stay on if required by a new owner for an agreed period of time.
History
Established 25 years with only two owners in that time.
Sale Price
$200,000 plus stock at value $5,000
Annual Nett Profit
$ 129,571.00
Location
Country
Australia
States
Queensland
City
Southern Gold Coast
Post code
90726
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