Business ID: BS------
Riverside Location – Huge Clientele Area – Little Competition
Operating for over 10 years in a delightful riverside location, this well-known Day Spa and Hair Studio is ripe for expansion and growth.
This business has a consistently high retention rate, little competition, and draws clients from multiple locations.
Given the influx of new people to the area – and the growing demand for services, a motivated new owner could quickly boost revenue by extending trading hours and adding new services.
-Only Day Spa/ Beauty Studio in busy Main Street – Heavy tourist area
-Limited competition with only one other hair salon in town
-Business Name has a 10-year Trademark for Australia – highly sought-after by an overseas Chain.
Just launched Online Retail Shop through Fresha – March 2022
-Cosmetics Nurse (Skin needling, dermal fillers, injectables) pays 20% of sales every 8 weeks
-Entire leased shop area is 181.51 sqm + backyard
-Includes Hair Studio, beauty rooms, tanning room, makeup/reception area, lounge, toilet, change room/sauna area, Spa Therapy Room, Kitchen/Staff area, parking
-Potential to extend trading hours – tourists and locals asking for Sat and Sun bookings
-Clients come from Mannum, neighboring towns, Adelaide, Riverlands, Adelaide Hills
-80% of clients rebook – some book for 3-6 months of the year
-Online booking stops no-shows due to credit card cancellation requirements
-5-star rating on all social media
Mannum has had a population boom in the last 3 months, with a high influx of Interstate and Adelaide clients. Salon turnover could be immediately boosted by extending opening days and hours and offering more wedding packages.
With the Day Spa and Hair Salon on the first floor, the downstairs area is currently sub-leased for additional income. Alternatively, you could add a spa, massage area, or more treatment rooms.
Price: $98,000 + SAV