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This Business is For Sale!
The owner of this profitable inner city salon wants the business sold and is inviting offers from the market. This is a great CASH Business, would suit passive investor or part-time owner, This Salon has huge potential and there is more than enough room to install a beauty room to increase sales and profits,
Currently trading only 5days per week
• Two subcontractors rent chairs on a 50/50 basis.
• 1 part-time casual & 3rd year apprentice, minimal wages bill
• This is an outstanding CASH BUSINESS!
• Excellent Modern shop fit with potential to install a beauty room.
• Over 1,500 customers on the data base.
• Fully computerized (Shortcuts) and loyalty program in place. No money to spend.
• Great reputation with large and loyal following.
• Potential to earn $100k per year!
• 10 Hair Stations, 3 Basins and large storeroom with kitchen.
• Opportunity to open on Mondays to take advantage of busy passing trade.
• Lots of car parking available for your customers.
• Realistically priced for today’s market.
This business is priced to sell and would be a great buy for a passive investor, with all the hard work done by the current owner of 3 years!
For full details contact Frank Willett
*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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