Classic Owner/Operator Hair Salon, Coastal South West Suburbs, Adelaide, SA

Excellent salon for either an Investor with a return of $38,400 Under Management or an Owner/Operator wishing to work in the salon for a return of $68,400 per annum

This busy hair salon which has stood the test of time, in this same location for over 22 years!

Location must work well eh?

With 6 stations ( with room to add 2 more) and 2 basins, this strip shop salon has really cheap rent at $327.66 + GST + Outgoings.

Staffed currently by 4 Seniors
1 owner/operator + 3 Senior stylists working 30 hrs, 17 hours & 15 hours.

This salon is a perfect salon for a hairdresser returning to work after kids have gone to school, uni etc as it is local, cheap rent, strip shop location with parking.
Alternatively, there is a wage of $30,000 allocated to allow an investor to replace the owner and run under management!

Key Considerations

*  Sales $4,707 per week
*  Cheap Rent at $328 per week
*  Staff  4 seniors
*  Profit $1,315 per week

Price $57,000 + stock ( approx. $5k)

The profit of the salon if put under a management structure would be $38,377.33 = Valuation is $76,754.66
The profit if run as an owner/operator salon would be $68.377.33 = Valuation is $85,471

Call Nikki Katz or xxxxx to discuss further information