$240,030p.a. owners earnings
$713,649 p.a. sales
Lease until 2018
Highly systemised and profitably-run business with minimal involvement.
This business is under semi-management. Owner works max 20 hours per week.
We have FULL FINANCIALS to verify profitability and turnover.
The salon has developed enormous goodwill in local neighbourhood over last 13 years
Business is only open 5 days a week and located in North West Sydney.
There is no competition in an area which is surrounded by 5 schools
There are currently 20 stations and 6 basins which are rarely empty.
Great potential to convert or sublease half the space into a nail and beauty parlour
Maintain minimum required stock levels with regular stock turns.
Enquire today for your information booklet or book a personal tour.
Broker: Sean Wolrige
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.