Modern Hair & Beauty Salon in a Strategic Bayside Location $69K

Price

$69,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Beauty/Health, Beauty Products

Listing #

ME01683

Melbourne Beauty Products Business for Sale

About this business for sale in Melbourne Region, Melbourne

This long established hair & beauty salon offers a wide range of services ranging from hair cuts & colouring, hair extensions, cosmetic tattooing/microblading, brows, lashes, make up, waxing, tanning and more, and is extremely popular within the local community and includes an existing database of over 2200 clients.

The 55sqm salon is modern, functional and fully equipped and fitted including a beauty room, 4 hair stations, a kitchenette, a storage cage, and under cover parking. Positioned on a busy main road at the bottom of a high rise apartment building there is never a shortage of customers and foot traffic is always consistent.

Key features include:

*Taking $6,000 per week
*Open 4 days per week, closed Sunday-Tuesday
*Very cheap rent at $400 per week
*15 Year lease remaining
*High exposure, sought after main road location
*Double fronted site
*Simple systems in place

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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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