Summary
Boutique salon with regular unisex clientelle requiring quality hair services. Six cutting stations including three barber chairs and two fully reclining shampoo stations with massaging capability.
Location Details
20 Union Street
Premium Pyrmont location in Union square, close to The Star and next door to two popular side-walk cafes with outside dining areas. Very high foot-traffic area with up to 10,000 people a day. The salon has high visibility and great street appeal.
Potential
Great potential for growth for an enthusiastic, energetic and an imaginative business minded person. The business offers great opportunities for growth in a very busy inner city area with young as well as mature clientelle. Upstairs, on-site accommodation is a bonus. For increased opportunity it could be converted to a spa for provision of additional beaty services. Marketing services with a number of hotels and apartment complexes in the areal is another opportunity for growth.
Skills
Good hardressing skills with qualifications in both mens as well as women's hairdressing is an advantage. Business acumen and understanding the skills of running an profitable business are a must. Recognition of clientell potential and targeted marketing of hairdressing products is a distinct advantage. Partnering with a professional salon only brand offers additional opportunities.
Hours
Six days a week, Tuesday to Friday, 10 am until 6 pm. Saturday & Sunday, 9 am until 4 pm. Salon is closed on Mondays.
Lease
Long and flexible lease is available.
Employees
Currently two senior stylist. Increasing the team by adding a junior and/or additional stylists will increase opportunity for growth.
Reason for Sale
The owner is approaching retirement age and would like to ensure the continuity of a good business and maintenance of its clientelle.
About the Business
The salon has built a strong reputation for quality service, innovative styles, and a welcoming atmosphere. It has a loyal customer base and a steady flow of business. The salon employs two experienced and skilled stylists who keep up with the latest trends and techniques in hairdressing. The customers receive high-quality services and love the results. Located in a high-traffic area, the salon benefits from visibility and accessibility, making it convenient for customers to visit. The location also contributes to the salon's prestige and appeal. The salon offers good range of high quality, professional products and services, providing customers with options and a reasons to return. The salon has a long standing track record of financial performance, with consistent revenue. This indicates a good business opportunity. There are opportunities to expand the business, such as adding additional staff, introducing new services, expanding the customer base, or opening more space for for additional services. Overall, purchasing this premium boutique hairdressing salon offers a lucrative business opportunity with a strong foundation, growth potential, and a chance to be part of a thriving industry.
History
The business has been operating for 19 years in the area with 11 years in the same lcation. The business focused on providing high-quality services, staying updated with trends, building a loyal customer base, and creating a welcoming atmosphere. Commitment to excellence and customer satisfaction, has contributed to the salon's success and longevity. Strategic partnerships with companies like De Lorenzo, American Crew and GHD has enhanced clientelle following.
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