Partly Managed Warehouse Style Salon North Sydney

Price

$120,000 + Stock

Profit *

$100,000

Sales Revenue

$400,000

Location

North Shore - Lower, North Sydney

Category

Beauty/Health, Hair

Listing #

NSW09771

North Sydney Hair Business for Sale
North Sydney Hair Business for Sale

About this business for sale in North Shore - Lower, North Sydney

You can’t go past this opportunity to own the best-looking salon in North Sydney. With Brand new fit out and room to grow this Urban retreat salon is ready for you.

High industrial style ceilings and beautiful timber floors, this 105m² of stunning salon space located in the heart of North Sydney.

The salon has been designed with a focus on client and staff comfort. Plenty of room for multiple stylists to work comfortably and get this salon pumping to its maximum. Your chance to own the hottest salon space in North Sydney!

– 2 full-time seniors and 1 apprentice. Owner works just 4 days per week.
– Luxurious quality fit out with 10 stations and 3 basins and room for more.
– 105m² with a near new $150,000 fit out.
– Solid Lease 2+5 years
– Super cheap rent just $1115 p/w
– Nail artist rents small back area for $250 p/w (formal agreement in place with rent due to increase over December to $300 p/w)
– Parking at the door step

Key considerations.

– Sales – approx. $400k per annum.
– Base Rent – $58k per annum
– Net Profit – approx. $100K for 2020
– Nail artist pays $13,000 rent per year for 4m² (due to increase)

Whether you are an investor or a hairdresser looking to expand your salon empire you can’t let this salon go.

Price just $120,000 plus stock

For more info on this unique opportunity call Emma Attenborough now on 0404090367

Listing ID: NSW09771

Broker: Emma Attenborough
Phone: +61 404 090 367
Email: [email protected]

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

Ref: NSW09771

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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