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$249,000 Fully Managed | Profitable Hair Salon For Sale

Sydney, New South Wales, Australia
Asking Price:
$249,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This high-end, long-standing hair salon is ideally located only minutes away from the CBD in Sydney's bustling inner west.

With a large range of loyal clients, including many from the surrounding affluent suburbs, this business is known to those that frequent it as the number one, premium hair specialist in the area.

The business is fully managed with a dedicated, professional, and extremely talented team; which allows a new owner to be as hands-on (or hands-off) as they like.

An extensive database built over 13 years of operation, full financial accounts available, quality equipment/fit-out, prime street frontage, detailed processes in place, and a brand new lease.

This is an opportunity not to be missed and is suitable for an experienced industry professional or savvy investor.

Features
Fully managed studio
Dedicated and experienced team
New 3+3 year lease
10x service stations allowing for further growth
Extensive database of loyal customers
Highly profitable and sustainable income
5-day trade

Premises
Lease: New 3+3 year lease
Rent: $68,000
Annual Increases: 3%

Financials
Revenue: $694,073
Cost of Goods: $94,443
Annual Rent: $68,000
Expenses: $61,224
Wages incl Super: $247,088
Net Profit: $223,318
PEBITDA: $303,034

Note:
2020FY Audited Accounts, all figures are exclusive of GST

To enquire, click on the blue button above to complete an online confidentiality agreement. We will send you the information memorandum.
https://www.mybizsale.com.au/post/fully-managed-profitable-hair-salon

We hope you are the successful buyer.

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