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

Adelaide, South Australia 5000

SOLD

Key Features

AI generated. Contact seller to confirm.

High turnover salon in eastern suburbs
8 fully qualified staff members
7 beauty rooms and 1 spray tan room
Located in a main shopping destination
Strong foot traffic and nearby developments
Selling due to semi-retirement

Turnover: $676,000
Net Profit: $139,590
Rent/Lease: Lease runs until 2031
Stock Value: Included
Established: over 30 years

Business Details

Business Category Beauty Salon Health Spa

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