Business Sold Adelaide, South Australia 5000
Business Category Hair Salon
SOLD
Description
Highly Profitable Hair Salon For Sale, City Of Unley, Adelaide, Sa (nk.)
Set in the City of Unley, Adelaide, this highly profitable salon is a modern, airy, open hairdressing salon in a busy location.
A stunning salon in an go to location, highly profitable with more scope to grow further!
Stunning minimalistic salon with plenty of client parking nearby, this salon has an long lease running until end 2026 but with breaks if required.
This salon would be perfect for a hairdresser wanting to work either part time or full time and looking for a higher than average wage + profit.
Run currently by an owner/operator with a team of stylists & apprentices, the salon also has a sleeping partner who also draws a wage too, making this salon either perfect for a partnership of a hairdresser wishing a more lucrative return!
There is also an additional space upstairs to add beauty, lashes, facialist, or even run another business from the space.
Key Considerations
• Established since 2012
• Strip shop amongst designer shops & busy cafes
• Fully Computerised
• 95 sq m of salon
• 12 stations & 3 basins
• Rent $1,125 p.w
• Long lease until end 2026
• Sales $9k p.w
• Profit $3,669.66 p.w
Managed salon return = $120,822 per annum
Owner/operator return f(or a working hairdresser) = $190,822 per annum ( saving managers wage)
Selling for less that 1 x profit as the Owner is moving to Melbourne and is therefore keen to sell.
Price $150,000+ stock at Valuation
Don't miss a buy like this!
Contact Nikki Katz on XXXXXXXXXX to enquire! Alternatively email XXXXXXXXXX
Similar Businesses For Sale