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Hair Salon - Hairdresser - Retail - South West Sydney - (Code: TTQJ1111)

Established 20 years

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Price: $189,000






Weekly Takings (inc GST) $10,400
Cost of Goods $2,435
Gross Profit $7,965
Rent $1,035
Wages $3,690
Outgoings $185
Telephone $25
Insurance $74
Electricity $93
Gas $15
Misc 1 $288
Misc 2 $
Total Expenses $5,405
Net Profit $2,560
Coffee Kilos P/W 0.0

Estimated Stock

$35,000
(Additional)

Equipment

$50,000
(Included)
All other values
exclude GST
General 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.

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

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

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

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

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 part time Manager + 2 full time seniors + 2 part time seniors + 1 casual senior + 2 x 3rd year apprentices.

Comments
Misc - 1 - Other business expenses. - One full time senior has been with the salon for 15 years and she would make a great full time manager if wanted to be run fully under management.


SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXTTQJ1111

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