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

Business Sold Adelaide, South Australia 5000

Business Category Hair Salon

SOLD

Description

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

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
Contact Seller
Nikki Katz

Bsale ID: 596716
Broker REF: 17524

Business Brokers Network Australia