Hair Salon - Superb Location, Great Fitout

Beauty/ Health - Hair, Hair Salon, Hairdressing

SOLD!!! MORE WANTED!!! If you're considering selling your hair salon, contact Cameron Ryan now on xxxxx

- Asking Price: $55,000 (plus SAV)
- Annual Sales: $230,000 (excl GST)
- Weekly Sales: approx $4,000-$5,000

- Annual Gross Profit: tba
- Annual Net Profit: $58,390
- Adjusted Net Profit: $66,723

- Lease Details: monthly rental $3,069 (plus outgoings of approx $315 per month), 5+5 lease commenced October 2009, 55sqm approximately, annual increases fixed 3%

OVERVIEW
- Well established hair salon offering six cutting stations, 2 basins, large staff kitchen/ colour room
- Superbly situated on busy Glenferrie Road with great exposure, signage and lease
- Fitout in good condition and new owner can simply walk in and start trading
- Salon comes with computer and software (Smallbiz)

STRENGTHS/ BENEFITS
- Very well established with a strong local following
- Currently run under management with two excellent staff members
- Very favourable lease terms with rent that is very competitive in the local area

SUMMARY
- Inspection is a must
- Location, location, location!
- Priced to sell. Vendor motivated to sell. Will sell!

REASON FOR SALE
- Owner selling due to sustaining a severe arm injury whilst playing sport. Owner used to work in the salon, however, now simply oversees the operation and the two staff. New owner may choose to work in the salon themselves or run under management.

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business or register your interest below to receive a comprehensive Business Information Memorandum. Please quote reference BR1031.

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