Barber Shop - Hairdresser - North West Sydney - Strong net profit - Opportunity

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Internal Ref: PM1071

Summary

SBX Code: PM1071 - Barber Shop - Hairdresser Good reputation - Huge residential growth Area - No competition

Rent

$1,147 pw

Net Profit

$3,119 pw

Location Details

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

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.

Hours

7 days - Mon. to Wed. - 930 a.m. to 530 p.m. -Thurs. - 930 a.m. to 7p.m. - Fri. - 930 a.m to 6 p.m

Lease

7 year lease commenced Nov. 1, 2019 - expires Oct 31st, 2026 - 4.5% yearly increases - 3 month bank

Employees

1 owner

About the Business

Barber - Mens Hairdresser - Hairdresser - North West Sydney

SBX Code: PM1071
Barber - mens hair salon - hairdresser, in one of Sydneys 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.

Features
Busy location. Profitable - Good reputation - Huge potential to grow the business.

Premises
Spacious and well appointed barber shop totalling 52.44 sq mts.

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

SBX Code: PM1071

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