Top Profit Hair Salon For Sale

Business description

One of the Eastern Suburbs most recognised salons, this business caters to all hair-styling needs of customers from the surrounding areas of the affluent inner-Eastern suburbs. Options exist to keep the business fully-managed, or improve your return by working “in the business”.

• Hair salon 2007 sales of $328k and PEBIT net profit of $110k
• 2008 showing PEBIT net profit of $96k for the first 9 months
• Owner works part time only with manager in place
• Fully systemised with all procedures in place
• Skilled, quality and highly committed staff in place
• New lease to the buyer on similar terms to the current lease

Long established with a very reliable and repeat customer base, this is a “high-return” salon that is ready for a new owner. With a full time manager and experienced staff and all systems and procedures in place, the current owner spends minimal time in the business, giving the option to run the business as fully-managed, or for a new owner to improve their return by working “in the business”.

The excellent working arrangements, relationships and incentive schemes in place have ensured a good level of staff satisfaction, high levels of commitment and continuity of staff. The manager (in particular) has demonstrated superior commitment to the business, performing various management duties in addition to working full-time on the floor as a revenue-generating stylist. The décor and fitout of the premises is relatively new and modern and in excellent condition.

Property information

Real Estate:

Lease

Location:

Brisbane

Other information

Inventory / Stock value:

$15,000

Contact the seller