Retail - Hair Salon - Hairdresser

Business Code: TTQK1046


Key Features: Good opportunity

State: QLD

Location: Situated in South side of Brisbane in a popular shopping village at a main road intersection with high exposure.

Description

Retail hair salon with a beauty room and a nail art station, offering hair cuts, perms, tints and other treatments - Does wedding makeup and hair. - Also retailing some hair and skin products - 2 wash basin stations - 5 work stations.

Summary

  • Features: Low rent - High traffic flow location - Good mix of residents with high youth population.

  • Potential: Increase advertising and social media - Increase beauty services, promote wedding packages. - Offer reward system for loyal customers. - Open on Sunday. - Extend trading hours - Sub-contract more experienced staff.

  • Premises: This business has an area of 60 sq. mts. including waiting area with leather sofa and coffee table.

  • Trading Hours: 6 days - Mon. - Sat. - 9 a.m.- 6 p.m. - No Sundays

  • Lease: Current lease commenced June, 2011 - Expires June, 2018. - New 5 years lease available - One month bond - No C.P.I. increases.

  • Employees: 1 owner + 2 casuals

  • Comments: High client base with new clients building weekly - Suitable for new entrepreneur or business expansion of other existing salons.

Weekly Summary

Weekly Takings
(inc GST)

$4,500

Cost of Goods

$675

Gross Profit

$3,825

Rent

$580

Wages

$1,000

Outgoings

$115

Telephone

$20

Insurance

$23

Electricity

$35

Total Expenses

$1,773

Estimated Stock (Additional)

$5,000

Equipment (Included)

$10,000

Net Profit

$2,052

Price

$80,000

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