Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
Investors look no further! This beauty salon is automated to run as semi passive income for the owner. Same owner for 17 years this salon is a great cash flow business with huge profits and all systems and procedures in place to run the day-to-day workings. Full time manager oversees the salon and reports once per week to the current owner. Owner invests just 5-10 hours per week into the business and gets a huge $230k profit per year.
Key points:
I know, it seems too good to be true right? But it is that good! Full due diligence to back up figures etc. available.
Price $330,000 plus stock
Call Emma now for a confidential chat on 0404090367.
Listing ID: NSW09726
Broker: Emma Attenborough
Phone: +61 404 090 367
Email: emma.attenborough@linkbusiness.com.au
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09726
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
*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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