Managed Hair Salon, Eastern Suburbs, Adelaide, Sa (nk.)

Adelaide, South Australia 5000

SOLD

Key Features

AI generated. Contact seller to confirm.

Great location in leafy suburb
Solid profits demonstrated in financials
Full-time manager in place
Good fit out of 71sqm
Five stations and two basins
Massive back room with colour bar

Turnover: $5,862 p.w (forecasted for 2022)
Net Profit: $105,935 (forecasted for 2022)
Rent/Lease: Lease 1 year + 1 right of renewal for a further 3 years
Stock Value: Approx. $8,000
Established: Long Established

Business Details

Business Category Beauty Salon Hair Salon

Great managed salon in a leafy suburb of the Eastern Suburbs of Adelaide, this salon has the magic Trifecta.

1. Great Location
2. Solid Profits
3. f/t Manager

Open 5 days a week and in prime location, the numbers speak for themselves!

Beautiful salon with glass frontage and black & white theme making this salon a perfect salon to own and either work in or run under management.
There is also a massive back room that could be converted to add beauty if required.

Key Considerations

• Long Established
• Good Fit out of 71sqm
• 5 Stations, 2 basins & massive back room with colour bar & laundry
• Cheap Rent only $340.81 p.w + GST + outgoings
• Lease 1 year + 1 right of renewal for a further 3 years
• Staffed by 1 x Manager f/t, 1 x Senior p/t, 1 x 1st year app f/t + 1 x owner p/t
• Sales 2021 $5,253 p.w
• Profit 2021 $88,957

Forecasted Sales for 2022

• Sales for 2022 $5,862 p.w (based on 9 months)
• Profit for 2022 $105,935 (based on 9 months)

Price $117,000 + stock (approx. $8,000)

For more information or to arrange an inspection, call nikki katz on XXXXXXXXXX or email XXXXXXXXXX