Hair Salon - Hairdresser - Retail

Business Code: GJ1458


Key Features: Great business

State: NSW

Location: Top location at entrance to major shopping mall in Western Suburbs.

Description

Hair salon for men and women - specialising in keratin and chemical straightening treatments, cuts, colour correction and styling. - 3 basins, 11 chairs - Average spend is $120 per head.

Summary

  • Features: Highly successful business trading for over 30 years. - Very high foot traffic. - Well established client base - Top salon in the area. - Brand new fitout. - Well trained staff. - Very profitable business.

  • Potential: Two of the current full time staff could potentially manage the salon if required.

  • Premises: Very modern salon with great signage and an area of 70 sq. mts.

  • Trading Hours: 7 days - Mon. - Wed. and Fri. - 9 a.m. - 5 p.m. - Tues. and Thurs. - 9 a.m. - 9 p.m.- Sat. - 8 a.m. - 4 p.m. - Sun. - 10 a.m. - 4 p.m.

  • Lease: Current lease expires 18th March, 2022 - New 7 year lease available thereafter. - Bond 3 months - 5% per annum C.P.I. increases

  • Employees: 1 full time owner operator + 6 full timers + 3 full time apprentices

  • Comments: Business sale includes the business name. - Miscell. -1 - expenses include superannuation, payg tax, workers compensation, bookkeeper. -

Weekly Summary

Weekly Takings
(inc GST)

$17,685

Cost of Goods

$2,500

Gross Profit

$15,185

Rent

$3,564

Wages

$5,930

Telephone

$50

Insurance

$50

Electricity

$103

Misc1

$944

Total Expenses

$10,641

Estimated Stock (Additional)

$20,000

Equipment (Included)

$150,000

Net Profit

$4,544

Price

$249,000

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