Summary
This beautifully renovated small hair salon, located in the charming Holland Park area, is now available for sale.
Revenue
$3,500 pw
Rent
$369 pw
Expenses
$850 pw
Net Profit
$2,280 pw
Potential
This salon is perfect for an owner-operator looking to step into an established business and start earning immediately. With significant potential for growth, the salon currently operates only 28 hours a week, managed by one owner-operator working four days and one stylist working one/ two days. There is ample opportunity to extend operating hours, hire additional staff, or rent out chairs.
Skills
Ideal for an owner operator. Add social media for more online presence. The salon is very comfortable to work as a solo stylist or employ/ rent a chair for extra income.
Hours
Wednesday 9 - 4
Thursday 10 - 8
Friday 9 - 3.30
Saturday 9 - 2
Lease
Lease: Long lease with 2.5 years remaining, plus options for 3 x 3 years
Employees
One casual stylist working occasional wednesdays and Thursdays. Averaging $500 wages per week (included in overheads)
Reason for Sale
Lifestyle change.
About the Business
This beautifully renovated hair salon, located in the charming Holland Park area, is now available for sale. The salon underwent a complete renovation just five months ago, ensuring that everything is brand new and in pristine condition.
Salon Features:
• Size: 40 sqm
• Stations: 5 styling stations
• Shampoo Basins: 2, all from Comfortel
• Back Kitchen/Color Area: Equipped with a new fridge, washing machine, coffee machine, and ample storage space
• Weekly Turnover: Averaging $3,500
• Rent: $369 per week
• Lease: Long lease with 2.5 years remaining, plus options for 3 x 3 years
Additional Benefits:
• Parking: One dedicated parking spot plus a large carpark opposite the salon
• Landlord: Fantastic landlord with no dealings through agents
• Software: Timely software in use, easy to transfer to the new owner
• Clientele: Comes with a loyal customer base
This is a simple-to-run salon with great future potential and currently has minimal online presence, offering a fantastic opportunity for growth. Don’t miss out on this chance to own a thriving business in a prime location. Stock optional.
Option to take over lease only. tools & stock. Happy to discuss options.
Enquire today!!
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