Smart Barbershop with Impressive Financial PerformanceListing: #NSW09498
About this Business for sale in Double BaySmart Barbershop with Impressive Financial Performance
This barbershop has achieved an impressive financial performance during the past financial year (2019/20) - generating a significant profit despite being closed for a time during the worst of the COVID-19 restrictions. A buyer who is positioned to move quickly will also be able to take advantage of an upcoming rent-free period which has already been locked-in.
It is a barbershop that has been specifically designed for the modern man. A custom fit-out provides a comfortable space for men to hang out and feel at home. The range of services satisfies the increasing personal care and presentation demands of today's male clientele. In addition to a full range of haircuts, offerings include beard shaping, deluxe packages, facials, colouring and hot towel shaves.
Its location in the ritzy eastern Sydney suburb of Double Bay provides access to an affluent local customer base. Which is supplemented by clients from further afield, who are attracted by highly effective online marketing and can take advantage of the ample nearby parking, as well as major transport facilities. New residential apartments, more retail outlets and increased predestination will further increase business potential.
The business is all set-up for the new owner to lead it to further growth as the economy recovers from its COVID-19 slumbers. Processes and procedures are well established including a Kitomba salon software facility and SMS client reminder system.
A well-established marketing platform will facilitate continuing growth. The strong SEO positioning of the business includes dominance in key suburb related keywords and other related terms. This is currently supported by tactical pay-per-click and social media campaigns. Effective PR activity has generated articles, TV slots, features and more, further contributing to the brand's high profile.
Listing ID: NSW09498
Broker : Richard Carter
Phone: +61 2 9899 1999
Mobile: +61 419 241 099
To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09498
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
Keywords: Barber, Beard Shaping, Deluxe Packages, Facials, Hot Towel Shaves, Personal Care, Men's Care, Barbershop, Grooming
+61 2 9899 1999
+61 419 241 099
*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.