Summary
A unique combination of in-salon services and an online retail platform. The business also generates additional income through chair rentals, providing a stable and diversified revenue stream.
Location Details
5 William Square, Warragul
This immaculate, well-established hairdressing salon, located in a high foot traffic area in the CBD of Warragul and with penty of carparking.
Potential
Potential to open more days and longer hours.
8 Chairs, 2 basins with potential to add an additional 2 chairs and 1 basin (already plumbed). Back staff room + Bathroom.
• Diverse Income Streams: In addition to salon services, the business earns income from full and part time chair rentals and an online Australia wide retail store, which has significant growth potential.
Hours
Currently 4 Days Tues to Friday. Plenty of potential to open 7 days and longer hours
Lease
Landlord is happy tp discuss new terms with the purchaser.
The annual rent is $20,160 with an amazing landlord.
Employees
The salon currently employs a full-time 3rd year apprentice, 1 part time staff member and the owner working full time involved in all day-to-day operations
Reason for Sale
Due to health and personal reasons the owner needs to reduce working hours. This business is well adored and is ready to meet its new owner.
About the Business
This immaculate, well-established hairdressing salon, located in a high foot traffic area of Warragul, offers a unique combination of in-salon services and an online retail platform for Australian hair care products. The business also generates additional income through chair rentals, providing a stable and diversified revenue stream. This salon is well established and well known for its high-quality services creating an amazing reputation to step into.
Key Highlights:
8 Chairs, 2 basins with potential to add an additional 2 chairs and 1 basin (already plumbed). Back staff room + Bathroom.
Currently trading Tuesday - Friday.
Situated in a bustling area surrounded by retailers and cafes, with ample parking for clients.
Operating since 2020, the salon features a modern design following a complete renovation.
In addition to salon services, the business earns income from full and part time chair rentals and an online Australia wide retail store, which has significant growth potential.
The annual rent is $20,160 with an amazing landlord (also a client to the salon), with a new lease available to the incoming owner.
Opportunity to increase trading hours, expand chair and basin capacity, and optimize the online retail platform to boost revenue.
The salon currently employs a full-time 3rd year apprentice, 1 part time staff member and the owner working full time involved in all day-to-day operations.
Chair rental income from 2 renters covers most monthly expenses, ensuring a steady profit. Bring your clientele and immediately grow the profit. Additional room to take more chair renters available.
This is a fantastic opportunity for a new owner or partnership to step into a thriving business with minimal risk, and significant potential for growth. All the hard work has been done!
The current owner is committed to providing comprehensive training and support during the handover and for as long as the new owner needs, ensuring a smooth transition to ownership as well as offering to remain employed part time to ensure the income remains the same for the new owner to bring their clientele and start work, adding to the profit from day one. The owner is planning to step out of the industry long term and wishes to transition her clientele into the new owner’s book. Price includes retail products all equipment, business name, online retail website already live, booking program, good will (owner is happy to work part time to guarantee clientele remains), hand over training (payroll, booking system, bookkeeping advice, ordering etc.)
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