Managed Larger Style Beauty Salon For Sale, Eastern Suburbs, Sa (nk.)

Business Sold Adelaide, South Australia 5000

Business Category Beauty Salon Health Spa

SOLD

Description

Managed Larger Style Beauty Salon For Sale, Eastern Suburbs, Sa (nk.)

Managed salon with high turnover and great profit!

Making a whopping $13,000 approx per week, this eastern suburbs salon has been established for over 30 years.

Perfectly situated in a main shopping destination, in the eastern suburbs, this beauty salon is in the hub of shopping mecca in the Eastern Suburbs location which is a destination for cafes, restaurants and shopping, with plenty of foot traffic. There is also larger new developments nearby bringing even more customers!

The 8 staff running this salon , are fully qualified as Beauty Therapists.

A larger sized salon with 7 beauty rooms + 1 spray tan room.

Key Highlights

• Long established since 1990
• Long Term staff
• Lease runs until 2031
• Rent $1229.51 p.w + GST + Outgoings
• Sales $13k p.w (approx.)
• Profit $139,590 (annualised from 11 months)

A healthy $99,590 profit under management ( allowing a Salary for Owner to stay on to manage)

Selling due to semi -retirement

Price $199,000 + stock (approx. $20k)

Please call Nikki Katz on XXXXXXXXXX or email your interest on to XXXXXXXXXX
Contact Seller
Nikki Katz

Bsale ID: 622114
Broker REF: 20152

Business Brokers Network Australia