Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Hair Salon In Balaclava Business For Sale

Balaclava, Victoria, Australia
Asking Price:
$80,000 (AUD)
Sales Revenue:
$364,000 (AUD)
Cash Flow:
Not applicable

*Price: $80,000+*

A fantastic opportunity to move into one of Melbourne's most sought-after locations, rarely seen on the market! Just over 130msq space, freshly renovated and including rear car spot!

The salon has been established for over a decade and the owner is selling after many years of good fortune to retire from the industry! This is a perfect investment for a first-time owner operator, an investor looking for expansion locations, a Dual service operator (entire upstairs floor included in the lease) as well as small salon schools.

The salon has 3 washbasins, 7 stations, separate internal toilet and wash area, colour room and kitchenette, front desk and waiting area plus upstairs 2 partitioned rooms, office and bathroom- all rooms have plumbing access and are currently set up for immediate beauty service start!

Takings of over $7,000 per week with the support of 1 Full timer plus 2 salon assistants, the owner works within the business Full Time and there is huge room for growth within the current configuration.

Very reasonable rent for the area of only just over $40,000 per annum (plus GST & outgoings) with 2 years PLUS another 3 years left on the lease- a total of 6 years and room to extend!

The salon is situated in the best spot of Balaclava, surrounded by long-term parking spots, street parking, stone's throw from the train station and tram stops. Plenty of road and foot traffic exposure due to main road frontage and excellent potential to promote services to passers-by.

The salon has been freshly renovated with a sleek colour scheme that is sure to please all potential buyers, very easy to move straight in, and will suit most visions or work within buyers taste.

If you'd like an appointment to view this opportunity please contact Elle Likopoulos.

Ref: B13910

Property Information

Real Estate:

Lease

Lease Terms:

5x3 Commenced 1/4/2019

Location:

A fantastic opportunity to move into one of Melbourne's most sought-after locations, rarely seen on the market! Just over 130msq space, freshly renovated and including rear car spot!

Premises Details:

The salon has 3 washbasins, 7 stations, separate internal toilet and wash area, colour room and kitchenette, front desk and waiting area plus upstairs 2 partitioned rooms, office and bathroom- all rooms have plumbing access and are currently set up for immediate beauty service start!

Business Operation

Reasons for selling:

Retiring from the industry

Trading hours:

6 days Closed Sun; Mon - Wed 10am-6pm, Thur 10am-9pm, Fri 10am-7pm and Sat 9am-5pm

Employees:
1 FT Owner, 1FT staff, 1 casual salon assistant
Years established:
12

Contact Absolute Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Absolute Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here