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Hair & Beauty Salon Wagga Wagga For Sale

Wagga Wagga, New South Wales, Australia
Asking Price:
$85,000 (AUD)
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$100K - $250K (AUD)

An exceptional hair & beauty salon has just come on the market after 12 years by the one owner
Low rent near a suburban shopping centre
Modern, fully fitted out 9 stations, 3 wash basins plus storage room, laundry, kitchen & staff room, disability facilities
Presently run by the owner but could cater for up to an additional 6 staff
Replacement or set up costs would be double the asking price
Showing healthy profits every year with the last 4 years’ accountant’s reports available
Existing lease to 30th September 2022 with another 5 year option
Priced to allow owner to retire but is willing to stay on for a period to assist a new owner
A very loyal client list is available

Property Information

Real Estate:

Lease

Lease Terms:

Fixed

Leasehold Rent:

$36,000 (AUD) per annum

Location:

Arterial road in major NSW inland city

Premises Details:

Easily maintained full size premises

Business Operation

Trading hours:

5 1/2 days

Employees:
Proprietor plus staff
Years established:
2008

Other Information

Inventory / Stock value:
$5,000 (AUD)

Contact Peter Campbell Real Estate

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