SOLD – Renowned Beauty Bar in Prestigious Suburb – Paddington, NSW

Description

Turnover $260K – Stunning Premises – Prime Location 

BEACH ST Paddington is a well-known Beauty Bar in the prestigious suburb of Paddington in Sydney’s Eastern Suburbs. Nationally recognized and awarded as the #1 spray tanning salon Australia-wide, the business offers a range of beauty treatments, delivering them to a very high standard. 

The salon’s stunning Moroccan-style interior was designed by the “The Blocks” very own Shaynna Blaze, and the business offers plenty of growth potential in an increasingly popular suburb. 

Business Highlights: 

  • Over 10,000 loyal clients on the database, including modeling agencies, A-listers & Sydney socialites 
  • National Award-winner – Business continues to grow year-on-year 
  • Services include Airbrush tanning, Eyebrow waxing, Brow tinting, Lash lifts, Lash tints, Teeth whitening, Dermaplaning brow lamination 
  • Sells own BEACH ST range of facial beauty products, including vitamin C serum, moisturizer, facial oil, facial cleanser 
  • BEACH ST range of candles & body balms, tanning products, plus personally designed & manufactured BEACH ST post-tanning wrap dresses & kaftans 
  • 130sqm 3-level terrace premises with chic interior design, breathtaking high ceilings, 3-car garage, shower/bathroom facilities, kitchenette & more 
  • 5 Tanning rooms, glamorous VIP mezzanine level with two beauty beds,  large private beauty room, spacious entry with couches & reception desk 
  • Amazing location – next door to prestigious Merivale restaurant, Fred’s, in the heart of Oxford St 
  • 5-Star reviews on Website & Google 
  • More than $300K of assets – Viable franchise model 
  • Australian Tanning Salon of the Year for 3 years 
  • 2 highly dependable & experienced staff willing to stay on 
  • This would suit an owner operator or can run under management 
  • Training will be provided to ensure a smooth transition to the new owner 
  • Includes everything on site is included in the sale: Stock, soft furnishings, computer system, compressors, beauty beds, teeth whitening machine, extractions fans  

In the right hands, this business has the potential to be huge. There is plenty of space to add a blow-dry bar, nails, injectables, laser treatments and more. The current owners believe the business could triple its turnover in this location, by improving marketing and adding new services. 

This is an ideal opportunity for someone with strong skills in marketing and can keep a finger on the pulse with influencers and beauty trends. The current owners are looking for a new operator who can continue to provide the high standards of customer service and continue to deliver the BEACH ST experience. 

Price: $249,000

 

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State

  • State: New South Wales
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