Sustainable Hair and Beauty Salon – Melbourne, Eastern Suburbs , , ,

Category: , , ,
$ 95,000
$95,000 + Stock 

Description

Wellestablished with a loyal client base  Turnover (2021) $303k+ – Profit $58k+  

This impressive cruelty-free Hair and Beauty Salon specializes in organic facials and hair colouring – and is a Sustainable Salons member. 

Boasting a prime location with plenty of foot traffic, this business offers further growth potential through extending trading hours and adding more hair stations. 

Business Highlights: 

  • The business is a One Stop Shop for all hair & beauty needs 
  • Providing Cruelty-free, organic products & services 
  • 8 hair stations, 2 beauty rooms plus a nail desk 
  • Long established with the current owner since 2011 
  • Turnover: (2019) $376,621 – (2020) $327,883 
  • Profit: (2020) $40,578 – (2021) $58,240 
  • Lease expires June 2023 with further 3-year option 
  • Excellent 100 sq m premises in main shopping strip  
  • Staff: 6 + Owner/Manager, who works 3 days in the salon & the rest from home 
  • Long list of Assets valued at $52k – Stock valued at approx. $14,500 
  • Trading hours could be extended to 7 days with an additional late night at new owner’s discretion 
  • The owner is looking to retire from Hairdressing after many successful years of owning the salon 

With a surge in demand for organic, cruelty-free hair and beauty services and products, this is an ideal business opportunity for an astute buyer. The business can support an owner who doesn’t provide services/treatments themselves, but it would really thrive with a hairdresser or beauty therapist working as an owner/operator. 

Already a busy, popular salon, there are still opportunities to further boost turnover and revenue. 

 Price $95,000 + Stock 

View on map / Neighborhood

Video

State

  • State: Victoria