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Hair Salon - Hairdresser - Hair Salon - Hairdresser - Stunning High Profit Cbd Salon For Sale

Sydney, New South Wales, Australia
Asking Price:
$149,000 (AUD)
Sales Revenue:
$572,000 (AUD)
Cash Flow:
$208,780 (AUD)

Hair Salon - Hairdresser - Stunning presentation with high profits.- Unrivaled opportunity to purchase a Sydney CBD salon with unique demograhic of city worker clientele and up market residential inner city apartment dwellers providing loyalty and income protection. -This CBD salon features low rent and high staff retention where the staff are performing over 80% of services. - Average spend is $160 per client with a high proportion of chemical services. - Highly profitable business and first time offered. -Salon features 10 cutting stations and 4 wash basins. - A Wella professional salon performing all chemical services as well as hair extensions and keratin smoothing.

Potential
Reduce rent by leasing rear beauty room. -Further utilise social media marketing.- Salon can accommodate further expansion due to comfortable and functional design featuring 10 work stations as a number of stations are under utilised.

Features
Superb reputation - 5 stars on reviews. -Large proportion of clientele are city residents. - No direct competitor in its location - High average spend and premium pricing for services. - Excellent social media presence. - Loyal staff with high skill level. -High end fit out.

Premises
Stunning rustic homely shop fit creates perfect casual hair care oasis with quality materials and design totalling 100 sq. mts.

Location
Perfect CBD location with equal split between city residents and city workers as clientele on street strip in Sydney CBD

Trading Hours
5 days - Tues. - 11 a.m. - 5.30 p.m. - Wed. - 10 a.m. - 8 p.m. - Thurs. - Fri. - 9 a.m. - 7 p.m. - Sat. - 9 a.m. - 5 p.m.

Lease
Current lease expires March, 2024. - No annual increases. -Owner has excellent relationship with landlord and can assist with transition. - 3 month bank guarantee.

Employees
1 full time owner + 3 full time senior styists

Comments

Property Information

Location:

Perfect CBD location with equal split between city residents and city workers as clientele on street strip in Sydney CBD

Business Operation

Expansion Potential:

Reduce rent by leasing rear beauty room. -Further utilise social media marketing.- Salon can accommodate further expansion due to comfortable and functional design featuring 10 work stations as a number of stations are under utilised.

Trading hours:

5 days - Tues. - 11 a.m. - 5.30 p.m. - Wed. - 10 a.m. - 8 p.m. - Thurs. - Fri. - 9 a.m. - 7 p.m. - Sat. - 9 a.m. - 5 p.m.

Employees:
1 full time owner + 3 full time senior styists
Years established:
2014

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