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

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)