Price
$68,000
Profit *
Refer to Broker
Sales Revenue
$593,500
Location
Sydney Region, Parramatta
Category
Beauty/Health, Hair
Listing #
NSW08825
Check out this successful and profitable long standing salon! Genuine reason for selling at such a low price as the owner is relocating overseas.
:: Walk in and take over, making profit from Day One
:: Approx $100 K annual profit for working owner for a $68 K outlay
:: Long Lease, recent leasehold improvements done
:: Experienced and committed staff and manager in place
:: $10,000 (inc GST) average weekly turnover
:: 10 chairs & 3 basins, updated staff and customer facilities
:: Continuous growth and potential for further growth!
:: ROI POTENTIAL IN 6 MONTHS FOR OWNER/OPERATOR, 12 MONTHS UNDER MANAGEMENT
:: 12 MONTH TURNOVER SEP 2017 TO AUG 2018 $593,500
A reliable computer system, MYOB records available, as well as security cameras around the premise. It has a functioning website that is monitored, marketing plan in place and a CRM system with the whole customer database.
Established location, growth center in growing regional suburban hub. Surrounded by residential with medium and high rise built or under construction. Only one competitor in buzzing shopping center. Potential for barber, nail and makeup services not explored yet.
This business is ready to be taken to a new level, contact Heike Tye for more information.
Broker: Heike Tye
Phone: 0400 770 622
Email: [email protected]
Listing number: NSW08825
The purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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