Hair Salon - Hairdresser - Retail

Business Code: TTQJ1111


Key Features: Established 20 years

State: NSW

Location: Situated in a shopping strip in Sydney's South West

Description

Retail hair salon with 12 cutting / colour stations, 4 basins, spray tan room, 2 beauty rooms (rented to beauticians for $200 p.w. which is included in takings shown). - Large retail stock range - Fit out cost over $250,000. - Currently has parttime Manager but could be run under full management.

Summary

  • Features: 20 years of loyal clients. - Staff mostly long term employees in place for up to 15 years.

  • Potential: Could be run by owner operator and save on wages - Increase social media advertising, - Introduce traditional advertising.

  • Premises: Modern building with an area of 147 sq. mts. in busy health care precinct.

  • Trading Hours: 6 days - Mon.- Tues.- Thurs. - Fri. - 9 a.m. to 5:30 p.m. - Wed. - 9 a.m. to 9 p.m. - Sat. - 8 a.m. to 4 p.m.

  • Lease: Current 5 + 5 year lease commenced May 2011 - 3 months rent bond - 3.5% annual.C.P.I. increases.

  • Employees: 1 full time Manager + 2 full time seniors + 2 part time seniors + 1 x 1st year apprentice.

  • Comments: Misc - 1 - Other business expenses. -

Weekly Summary

Weekly Takings
(inc GST)

$10,670

Cost of Goods

$2,390

Gross Profit

$8,280

Rent

$1,080

Wages

$4,298

Outgoings

$230

Telephone

$50

Insurance

$84

Electricity

$97

Gas

$16

Misc1

$238

Total Expenses

$6,093

Estimated Stock (Additional)

$35,000

Equipment (Included)

$50,000

Net Profit

$2,187

Price

$189,000

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