Visit this listing at https://www.sbx.com.au/business?id=PM1071

Business Code: PM1071

Key Features: Barber Shop - Hairdresser - North West Sydney - Strong net profit - Opportunity

State: NSW

Location: Conveniently located in small shopping plaza anchored by large national supermarket in North West Sydney.

Description

Barber - men's hair salon - hairdresser, in one of Sydney's rapidly expanding residential areas. Established for 5 years, this salon has returned excellent net profitability for the owner from day one. The store exhibits a modern, yet retro on trend barber fit out, featuring 5 cutting stations and one wash basin with designated rear office area. Passerby foot traffic is a key attribute with an ever present supply of new customers supplementing the existing clientele. Positive google reviews of 4.6 Stars. The store represents a profitable and solid opportunity for a dedicated barber / hairdresser looking to acquire a well located busy shop with potential to grow. - Regular customer base - Prime expanding Location - No competition - Excellent exposure - Extremely well-presented Barber Shop - Currently operated by 1 owner - Business trades 7 days - Low overheads operation - Highly profitable business.

Summary

  • Features: Busy location. Profitable - Good reputation - Huge potential to grow the business.
  • Potential: Enhance social media presence via instagram and Facebook - Increase retail offering of professional hair care products - Lease chairs to other barbers - Add hairdressers to the shop and become a unisex salon.
  • Premises: Spacious and well appointed barber shop totalling 52.44 sq mts.
  • Trading Hours: 7 days - Monday to Wednesday: 9:30 am to 5:30 pm. Thursday: 9:30 am to 7pm. Friday: 9:30 am to 6 pm. Saturday: 9 am to 5 pm Sun 10am - 3pm
  • Lease: 7 year lease commenced Dec. 1, 2020 - expires Nov 30, 2027 - 4.5% yearly increases - 3 month bank guarantee $16,325.46
  • Employees: 1 owner
  • Sale Reason: Too far from Home
  • Comments: A simple well located Barber Shop represents an excellent opportunity for experienced barber or new hairdresser. As the salon has multiple cutting stations and a wash basin the shop has capacity to become a larger barber business or a unisex hair salon. Misc -1 - Other sundry expenses - Misc. - -2 - Other expenses and allowance for GST. Owners does not take a wage
    The owner is prepared to assist for a smooth transition and work part time if required. - All interested buyers must arrange a meeting with the vendor through their broker and must not speak to any staff - A must to inspect but please be discreet.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$5,391

Cost of Goods

$300

Gross Profit

$5,091

Rent

$1,147

Outgoings

$28

Telephone

$25

Insurance

$20

Electricity

$52

Misc1

$400

Misc2

$300

Total Expenses

$1,972

Net Profit

$3,119

Price

$170,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Barber - Mens Hairdresser - Hairdresser

Business Code: PM1071
Price: $170,000

Key Features: Barber Shop - Hairdresser - North West Sydney - Strong net profit - Opportunity

State: NSW

Location: Conveniently located in small shopping plaza anchored by large national supermarket in North West Sydney.

Business Overview

Barber - men's hair salon - hairdresser, in one of Sydney's rapidly expanding residential areas. Established for 5 years, this salon has returned excellent net profitability for the owner from day one. The store exhibits a modern, yet retro on trend barber fit out, featuring 5 cutting stations and one wash basin with designated rear office area. Passerby foot traffic is a key attribute with an ever present supply of new customers supplementing the existing clientele. Positive google reviews of 4.6 Stars. The store represents a profitable and solid opportunity for a dedicated barber / hairdresser looking to acquire a well located busy shop with potential to grow. - Regular customer base - Prime expanding Location - No competition - Excellent exposure - Extremely well-presented Barber Shop - Currently operated by 1 owner - Business trades 7 days - Low overheads operation - Highly profitable business.

Summary

  • Key Features: Busy location. Profitable - Good reputation - Huge potential to grow the business.
  • Potential: Enhance social media presence via instagram and Facebook - Increase retail offering of professional hair care products - Lease chairs to other barbers - Add hairdressers to the shop and become a unisex salon.
  • Premises: Spacious and well appointed barber shop totalling 52.44 sq mts.
  • Trading Hours: 7 days - Monday to Wednesday: 9:30 am to 5:30 pm. Thursday: 9:30 am to 7pm. Friday: 9:30 am to 6 pm. Saturday: 9 am to 5 pm Sun 10am - 3pm
  • Lease: 7 year lease commenced Dec. 1, 2020 - expires Nov 30, 2027 - 4.5% yearly increases - 3 month bank guarantee $16,325.46
  • Employees: 1 owner
  • Sale Reason: Too far from Home
  • Comments: A simple well located Barber Shop represents an excellent opportunity for experienced barber or new hairdresser. As the salon has multiple cutting stations and a wash basin the shop has capacity to become a larger barber business or a unisex hair salon. Misc -1 - Other sundry expenses - Misc. - -2 - Other expenses and allowance for GST. Owners does not take a wage
    The owner is prepared to assist for a smooth transition and work part time if required. - All interested buyers must arrange a meeting with the vendor through their broker and must not speak to any staff - A must to inspect but please be discreet.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$5,391

Cost of Goods

$300

Gross Profit

$5,091

Rent (ex GST)

$1,147

Outgoings

$28

Telephone

$25

Insurance

$20

Electricity

$52

Misc1

$400

Misc2

$300

Total Expenses

$1,972

Net Profit

$3,119

Price

$170,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.