Hair & Beauty Salon Business For Sale Near LaTrobe Uni

8 days ago

Location:
Bundoora 3083 > Melbourne - Greater > Victoria

Investment level:
$75,000 (Negotiable) + SAV

Type:
Business

Industry:
Health, Beauty & Fitness > Hair, Beauty & Spa > Beauty Salon

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Internal Ref: B13341

Summary

Fantastic owner operated hair & beauty salon, loads of equipment, big premises, lockup garage, and nice and close to La Trobe uni and all the surrounding student accomodation! Call DAMON: 0402 225 989

Revenue

$3,500 pw

Rent

$382 pw

Location Details

Small shopping strip along with cafes, supermarket, food businesses, post office and chemist.

Potential

The business has already grown to the point where the vendor has indicated they need more staff to continue growing. As the vendor has decided to sell the business, they aren't looking to start increasing staff as the buyer may either have their own (in a partnership or similar) or the buyer will want to interview and add staff that meet their own criteria.

Skills

Ideally the buyer has skills in hair, beauty or both so as to take over the clients of the current vendor. The vendor does not live near to the business so they won't be taking clients elsewhere.

Hours

Currently the business only trades Tuesday to Saturday, though the buyer can choose to operate 6 or even 7 days

Lease

Currently there is a 3 year lease in place with the option of a further 3 years.

Employees

The current owner employs 1 part time nail technician who can stay on with the new owner.

Reason for Sale

The vendor has other investments and the business has grown to take up too much of their time.

About the Business

Located within walking distance of LaTrobe University in the Bundoora area, this hair & beauty salon business for sale enjoys a spacious premises with a low rent in an area which boasts a highly mixed demographic.

The business is currently owner-operated with the owner also employing one part-time nail technician.

The business features:

* 4 hair stations
* 2 basins
* 2 pedicure spa chairs
* 2 nail stations
* 1 beauty room
* 1 tanning room
* Separate store room and kitchenette
* 2 car lock up garage

This is an excellent opportunity for an experienced hairdresser and/or beauty therapist to take over and keep growing this salon business.

* Currently generating $3,500 per week on average
* Low rent only $1,658 per month!
* 3 year lease plus another option of 3 years
* Using mainly L'Oreal products
* Trading only 5 days, closed Sundays and Mondays

This is a great hair & beauty salon business and a buyer looking for a business to build up should note that this business is still growing. The vendor is only looking to sell as they have other investments and the business has grown to the point that it is demanding too much of the vendor's time.

To arrange inspections and, for further information on this opportunity, please contact senior business broker Damon Ambatzis on 0402 225 989

History

The vendor created this business in 2015 from scratch.

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