NSW10084
North Shore Managed Beauty Salon
Price:
$260,000 +Stock
Profit:
$160,000
Sales:
$500,000
Location
Neutral Bay
Industry Type:
Beauty Salon
Emma Attenborough
Specialist Broker
Phone:
0404 090 367
Email:
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About this Business for sale in Neutral Bay
North Shore Managed Highly Profitable Beauty Salon
This salon is stunning and highly profitable with a great team that manage the salon for the current owner. Based in one of Sydney’s most affluent suburbs near Mosman this beauty salon ticks all the boxes for the savvy investor.
Strong trading history, full support from a boutique franchise with minimal fees to pay, long standing clientele, automated processes to make it easy to run from anywhere. Current owner lives 2 hours away and visits just once a fortnight. Great income with good profits and room to grow.
Key points:
Turnover: $500,000 plus
Rent: $100,000 p/a
Profit: $160,000 plus
5 staff, 6 rooms and reception
Part of a well known boutique franchise to help support the marketing and back end of the business.
Run from anywhere as owner lives 2 hours away and rarely visits.
10 years running and good trading history.
This salon is perfect for the start up investor or the savvy therapist wanting to secure a great investment to maintain a good work life balance.
Price $260,000 plus stock
Listing ID: NSW10084
Broker: Emma Attenborough
Phone: +61 404 090 367
Email: "About this Business for sale in Macquarie
Fully Managed Highly Profitable Beauty Salon
This stunning beauty salon is located in one of Sydney’s best and busiest shopping centres. With a stunning new fit out, good quality staff that run the salon day to day and amazing walk by traffic this is an investors dream. Part of a small boutique franchise with very minimal franchise fees and great benefits this is a franchise you want to be part of.
The current owner does not work in the salon and enjoys a great income of over $170,000 each year for around 12 hours of work per week.
Key points:
Turn over $540,000 p/a
Rent $105,000 p/a
Profit $170,000 p/a
That’s $3,269 per week
Long lease available
4 rooms with beautiful features
7 staff and access to college graduates for future staff.
This salon can be a good start up for someone looking to invest or a therapist wanting to start their business journey and balance work and life.
Listing ID: NSW10086
Broker: Emma Attenborough
Phone: +61 404 090 367
Email: emma@hhbbusinesssales.com.au
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF"
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.