Business Sold Victoria
Business Category Beauty Salon Hair Salon
SOLD
Description
Gardenvale’s Hair Salon
A great opportunity to acquire a hair salon setup with hairdressing equipment in excellent condition, a lease in a sought-after, accessible location, and a solid customer base for only $40K. Established 17 years ago, Gardenvale’s Hair Salon has an ideal location on the corner of the Nepean Highway and Gardenvale Road, close to the train station.
Gardenvale’s Hair Salon is fully booked, currently turning away new customers whilst there is room for another four hairdressers for new ownership to grow. Having found a spacious, bright, and busy location with access to increased foot traffic, extensive frontage on two main roads, and being close to the train station.
Gardenvale’s Hair Salon has experienced a constant flow of business, with a mix of loyal long-time clients and drop-in foot traffic.
The key features of the business are:
- Ideal location with reasonable rent and a large salon to service more customers if desired.
- A straightforward business philosophy offering excellent service at a reasonable cost.
- A good balance between client satisfaction and regularity in repeat clients.
- Has consistently produced strong six-figure earnings for an owner-operator working 4 days per week on average.
- The salon can profitably run with one owner-operator working as the salon manager, one full-time and one part-time hairdresser with room for two more hairdressers.
- Business significantly ramps up around the holidays such as Easter, Christmas, and other cultural event days such as Mother’s Day, Passover, and Jewish New Year’s.
What makes the business successful?
Gardenvale’s Hair Salon has been built on high levels of client satisfaction in hairdressing services. The value of this reputation of excellence, consistency, and client-focused service is apparent in that their clientele performs the bulk of advertising.
Word-of-mouth and referrals have allowed the business to grow since it was established, with some clients travelling significant distances to have their hair cut.
If you are a salon owner looking to grow your investments or a hairdresser looking to take the next step, please enquire now.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Price: $40,000 + S.A.V.
Finn Business Sales
Greater Melbourne
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Broker: Jacqueline Edhiqary
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