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Business ID: BS------
Turnover $438,000 pa. Owners Income $102,000 pa
This beauty salon has been established in this affluent location for over 20 years and was acquired by the present owner some 5 years ago. The business has been built up over this period and has a loyal customer base, which include a major hotel and service apartments. The premise are beautifully fitted out and there is a out door area. Beside the wide rage of physical treatments the business also sells products which increases the revenue. The owner has reduced her involvement and the present staff are able to manage the business. The business has very good and detail management software systems.
-Established 10 years
-Beauty Salon 20 years in this location
-Relationship with Novotel Hotel
-History of Profits
-Totally Fitted Out
-Loyal Customer Base
The owner is willing to provide a reasonable training period to assist with the smooth transition of the business. The owner also believes that one of the existing staff would make a good manager, if required.
This business would be suitable for an investor or owner operator and provides a much better alternative to starting a new beauty salon which would cost more to fit out and would not have the current revenue which would probably take two years to build.
Asking Price: Offers are invited ABOVE $50,000 plus saleable stock at cost, estimated at $30,000.
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