Fully Managed Hair & Beauty Salon In Eastern Suburbs, Adelaide (nk.)

Adelaide, South Australia 5000

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Prime location in busy shopping complex
  • Spacious salon with 14 stations and 4 basins
  • Established team of 7 skilled staff members
  • Consistent weekly sales of $10,000 to $12,000
  • Fully managed for passive income opportunity
  • Attractive return on investment
  • Turnover: $520,000 - $624,000 per year
  • Net Profit: $113,155
  • Rent/Lease: Lease in place until 30th November 2026, with a 5-year right of renewal
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Beauty Salon Hair Salon

Amazing Opportunity!

Are you looking for an incredible opportunity to step into the hair & beauty industry with a successful and fully managed hair salon?

Look no further! This salon is perfect for an investor or hairdresser looking to expand into a bigger space.

We are delighted to present to you this stunning and spacious hair salon, ideally located in the heart of the Eastern Suburbs of Adelaide, offering a superb floor-to-ceiling glass frontage that draws in a steady stream of foot traffic.

Key Features:

Prime Location

Situated within a bustling shopping complex, this salon benefits from high visibility and accessibility. The exterior positioning allows customers to locate it effortlessly, while free parking adds to the convenience.

Larger style salon - spacious

Step inside this larger-style salon and be enchanted by its welcoming ambiance. Boasting 14 stylish stations, 4 luxurious basins, 2 beauty rooms, and a chic colour bar, and coffee station, the salon is meticulously designed to create an exceptional customer experience.

Established Staff

With a team of 7 dedicated and skilled staff members, this salon is known for providing top-notch services and maintaining a loyal clientele.

Long Lease & Favourable Terms:

Benefit from a secure lease agreement in place until 30th November 2026, with an additional 5-year right of renewal. Such stability is a significant advantage for aspiring salon entrepreneurs.

Financially Rewarding

This well-managed salon has consistently achieved impressive weekly sales, ranging between $10,000 to $12,000. With a solid profit of $113,155 for financial year 22/23, it presents an attractive return on investment.

Fully Managed

If you're not a Hair & Beauty industry expert or simply prefer a hands-off approach, rest assured that the salon is already operating under efficient management, making it an excellent opportunity for investors and business owners seeking passive income.

Financial Snapshot:
• Sales: $10,000- $12,000 per week on average
• Profit: $113,155 (Financial Year 2022/2023)

Lease Details:
• Rent: $733.60 per week + GST + Outgoings
• Lease Expiry: 30th November 2026
• Right of Renewal: 5 years

Don't miss out on the chance to own this Managed Hair & Beauty salon business in the sought-after Eastern Suburbs of Adelaide.

Whether you are an experienced beauty industry professional looking to expand or an astute investor seeking a lucrative venture, this salon offers the perfect blend of elegance, location, and profitability.

For more information and to arrange a private viewing, please contact our Nikki Katz on XXXXXXXXXX today.

Act swiftly, as opportunities like this don't stay on the market for long!

Price $180,000 + Stock at Valuation ( approx. $20k)

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Business Brokers Network Australia Business Brokers Network Australia
Nikki Katz

Bsale ID: 620333