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Managed Hair & Beauty Salon Northern NSW

$ 200,000.00
Reference Number
2487
Title
Managed Hair & Beauty Salon Northern NSW
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 been operating since 1992. Located in a prime shopping centre. Great fitout with 12 stations, 3 wash basins, nail bar and beauty room with state of the art beauty equipment. Long term staff in place.

Revenue
$571,980 Financial Year ended 30th June 2018
Net Profit
$129,750

Potential
Located in a growing suburb of Northern NSW and at the southern end of the Gold Coast. This is a growth area so you could market your local area with the services that is on offer to increase customers.

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.

Reason for Sale
After 15 years in this business and 30 plus years in hair dressing, the owner is retiring to enjoy her grandchildren.

About the Business
This Hair Salon has a great 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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