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Sustainable Hair And Beauty Salon – Melbourne, Eastern Suburbs For Sale

East Melbourne, Victoria, Australia
Asking Price:
$95,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Well-established with a loyal client base – Turnover (2021) $303k+ - Profit $58k+

This impressive cruelty-free Hair and Beauty Salon specializes in organic facials and hair colouring – and is a Sustainable Salons member.

Boasting a prime location with plenty of foot traffic, this business offers further growth potential through extending trading hours and adding more hair stations.

Business Highlights:
-The business is a One Stop Shop for all hair & beauty needs
-Providing Cruelty-free, organic products & services
-8 hair stations, 2 beauty rooms plus a nail desk
-Long established with the current owner since 2011
-Turnover: (2019) $376,621 – (2020) $327,883
-Profit: (2020) $40,578 – (2021) $58,240
-Lease expires June 2023 with further 3-year option
-Excellent 100 sq m premises in main shopping strip
-Staff: 6 + Owner/Manager, who works 3 days in the salon & the rest from home
-Long list of Assets valued at $52k - Stock valued at approx. $14,500
-Trading hours could be extended to 7 days with an additional late night at new owner’s discretion
-The owner is looking to retire from Hairdressing after many successful years of owning the salon

With a surge in demand for organic, cruelty-free hair and beauty services and products, this is an ideal business opportunity for an astute buyer. The business can support an owner who doesn’t provide services/treatments themselves, but it would really thrive with a hairdresser or beauty therapist working as an owner/operator.

Already a busy, popular salon, there are still opportunities to further boost turnover and revenue.

Price $95,000 + Stock

Business ID: BS------

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