Visit this listing at https://www.sbx.com.au/business?id=W1758

Business Code: W1758

Key Features: Beauty salon - Retail - Haymarket area Sydney Netting $2980 pw Under management

State: NSW

Location: Busy well known retail shopping strip with cosmetics and famous hair salon in Sydney CBD

Description

Retail beauty salon specialising in eyelash extensions, manicure, waxing, tinting, pedicure, nail art (specialist), makeup. - Very new and modern beauty salon with 2 client rooms, 4 pedicure chairs, 5 chairs, nail care service bar. - Fixtures and fittings, website, instagram address and data base included - excellent client computer system.

Summary

  • Features: Excellent location in Chinatown - Lots of loyal clients and locals. - Quality fitout - Client bookings all systematised.
  • Potential: Suitable for most retail, laser and beauty services - promote social media - potential to add medical beauty, body massage, botox injections, etc.
  • Premises: Good visibility and high exposure shop with an area of 50 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10:30 a.m. - 7:30 p.m. - Thursday open until 8:00 p.m.
  • Lease: 7 years lease from August 2019 - 3 months bond - Rent increases 3% per year.
  • Employees: Under full management - 2 fulltimers + 3 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$6,500

Cost of Goods

$200

Gross Profit

$6,300

Rent

$762

Wages

$2,500

Electricity

$58

Total Expenses

$3,320

Estimated Stock (Additional)

$8,000

Net Profit

$2,980

Price

$199,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Beauty Salon - Retail

Business Code: W1758
Price: $199,000
+ Estimated SAV $8,000

Key Features: Beauty salon - Retail - Haymarket area Sydney Netting $2980 pw Under management

State: NSW

Location: Busy well known retail shopping strip with cosmetics and famous hair salon in Sydney CBD

Description

Retail beauty salon specialising in eyelash extensions, manicure, waxing, tinting, pedicure, nail art (specialist), makeup. - Very new and modern beauty salon with 2 client rooms, 4 pedicure chairs, 5 chairs, nail care service bar. - Fixtures and fittings, website, instagram address and data base included - excellent client computer system.

Summary

  • Features: Excellent location in Chinatown - Lots of loyal clients and locals. - Quality fitout - Client bookings all systematised.
  • Potential: Suitable for most retail, laser and beauty services - promote social media - potential to add medical beauty, body massage, botox injections, etc.
  • Premises: Good visibility and high exposure shop with an area of 50 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10:30 a.m. - 7:30 p.m. - Thursday open until 8:00 p.m.
  • Lease: 7 years lease from August 2019 - 3 months bond - Rent increases 3% per year.
  • Employees: Under full management - 2 fulltimers + 3 parttimers
  • Sale Reason: Private reasons
  • Comments: Premium space with very low rent for a similar or alternative business. - This business is located in famous shopping square in ChinaTown Haymarket - Trading hours are flexible - Net profit shown is based on one full time owner working at shop ( one full timers wage of $1000 has been removed and added to the net profit) - Under full management the wages are $3500 p.w. - sales figures and clients data base can be verified with the vendor.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$6,500

Cost of Goods

$200

Gross Profit

$6,300

Rent (ex GST)

$762

Wages

$2,500

Electricity

$58

Total Expenses

$3,320

Estimated Stock (Additional)

$8,000

Net Profit

$2,980

Price

$199,000
+ Estimated SAV $8,000

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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.