Fully Managed & Highly Profitable Hair Salon, Adelaide Hills (nk.)

Adelaide, South Australia 5000

SOLD

Key Features

AI generated. Contact seller to confirm.

Fully managed with a full management structure
Larger salon with 12 stations and 4 basins
Fully computerised systems in place
Consistent profit over the last few years
Rent is $961.54 + GST + Outgoings per week
Fully trained staff managed by a full-time manager

Turnover: $478,800
Net Profit: $95,000
Rent/Lease: Lease in place until May 2024 + 2 further rights of renewal
Stock Value: Approximately 15,000 to 20,000
Established: Long established

Business Details

Business Category Hair Salon

Long established hair salon which runs under a full management structure, set in the beautiful Adelaide Hills is available to buy.

Larger style salon with 12 stations & 4 basins, this long established salon is beautifully fitted out and has ample room to grow and build on what is currently working beautifully.
Fully computerised and with systems in place making it easy for anyone looking to buy a managed hair salon as an Investment (the current owner is NOT a hairdresser).

Location is perfect and the salon has done well in the last couple of years ( even through Covid) with a consistent profit of $95,000 ( an average of the last few years).

Long lease until May 2024 + 2 further rights or renewal for 5 years each taking the tenure to May 2034!
Rent is $961.54 + GST + Outgoings per week

Sales are $9,189.12 per week (average)
Profit is $1,886.92 per week (2022)

Fully trained staffed all run by full time manager

Price $139,000 + Stock at Valuation ( approx $15-$20k)

To inspect this profitable hair salon contact Nikki Katz on XXXXXXXXXX or email XXXXXXXXXX