Established Beauty Salon & Fitted Retail Space – North Adelaide

2 days ago

Private Seller

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Summary

Established North Adelaide beauty salon with four treatment rooms, extensive equipment and a separately accessed, fully fitted adjoining retail space.

Rent

$825 pw

Location Details

Prime North Adelaide location with a spacious salon entrance and waiting area, six vacant rooms, plus a separate shopfront with its own entrance that could suit retail, another business or an additional beauty room. One rear room is currently rented.

Potential

Opportunity to operate a beauty salon in a prime North Adelaide location, with six currently vacant rooms and a separate shopfront with its own entrance. The shopfront could suit retail, another business or an additional beauty room. One rear room is currently rented, with potential for further room rentals, subject to the lease and permitted use.

Skills

Suited to a beauty therapist, salon owner or investor seeking a fitted premises with treatment equipment and room-rental potential. The buyer can build their own client base, services and business model.

Hours

Flexible; the new owner can set trading hours to suit.

Lease

Approx. 2 years left. Rent $825/week incl. GST plus outgoings. Landlord has confirmed transfer is no problem.

Employees

No employees included.

Reason for Sale

Owner is moving on to focus on other work and commitments.

About the Business

An opportunity to take over a fitted beauty salon in a prime North Adelaide location. The premises have a spacious front entrance and waiting area, six currently vacant rooms, and a separate shopfront with its own entrance that could suit retail, another business or an additional beauty room. One rear room is currently rented to an independent business.

The sale includes a range of beauty equipment and salon fit-out, including a multi-function machine with RF skin tightening, IPL, laser treatments and a laser hair removal handpiece; a body-toning machine; microdermabrasion equipment; LED; waxing pots; skin-needling equipment; teeth-whitening equipment; non-surgical facelift equipment; and a spray-tan machine.

The multi-function machine is approximately two years old and cost nearly $60,000 new. The separate shopfront has its own entrance and is fitted out with shelving and fixtures.

A buyer could continue with beauty services, use the rooms for their own services, rent rooms to other practitioners, or use the separate shopfront for another suitable business. Lease transfer has been confirmed with the landlord. Asking price is $98,000 negotiable.

History

The salon has operated in North Adelaide since approximately 5yrs and has been fitted out for beauty treatments, with a separate adjoining shopfront accessed through its own entrance.

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