Hair And Beauty Salon In Canberra For Sale

Business description

"Attention all beauty therapists and hairdressers - buy a new start!

Priced to sell at $85,000 plus stock, this hair and beauty salon presents the perfect opportunity for a professional looking to become the boss. Why work for someone else, making them rich, following their orders, when you could be running your very own salon? Besides, you deserve a promotion!

This salon is in a great location, across the road from the recently renovated Belconnen Westfield Shopping Centre (but not inside it, which means you'll pay reasonable rent). Exciting times are ahead for Belconnen, which is undergoing continual development. Plenty of new apartment buildings are under construction. Heaps of government departments are also nearby.

The business caters for over four thousand clients, built up over 14 years. Many of them began their relationship with the salon over a decade ago, so you stand assured to benefit from a loyal client base.

There is plenty of potential to expand the business. Current advertising campaigns (currently on many ACTION busses, yellow pages, and on the website) could be expanded into radio, and the currently relaxed operating hours could be extended.

The present owners wish to retire due to new family obligations vying for their time. They are willing to provide a two week transition period to train the new owner.

Snapshot:
* Annual turnover of $363 576 for 2010
* Gross profit 80.12%
* Owner's profit (PEBITA) over $41,000
* Over 4000 clients

Asking Price: $85,000 + SAV
Stock (approx.): $20 000

If you can style, style yourself into this established salon; surrounded by over 10,000 potential clients. What are you waiting for? Make a fresh start today.

Express your interest by using the 'enquire' form on this webpage

Property information

Location:

Canberra