- Post Updated: 2022-03-01 08:24:31
- Status: For Sale
- Type: Businesses For Sale
- Location: Melbourne
- Business ID: BS148660
Description
Well–established 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
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State
- State: Victoria