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$300,000
$1,100,000
This stunning salon in the heart of busy Randwick is for sale for the first time in 30+ years.
Built to last the fit out is beautiful and quality fittings make it durable and timeless.
The salon has a great trading history for over 30 years with huge profits the owners have enjoyed a lifetime of consistent trade and staff.
Key points
– Rent $170k
– Turnover $1.1million
– Profit $300k +
– Staff are in place and fully trained to handle day to day running of salon.
– Owners works full time and is prepared to continue working for new owners on a part-time basis.
– New lease with rent reduction being negotiated now.
Listing ID: NSW11037
Broker: Emma Attenborough
Phone: +61 404 090 367
Email: emma.attenborough@linkbusiness.com.au
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW11037
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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