Summary
Here is a great opportunity to buy an extremely established easy to run hair salon with 2 staff and clients ready to go . Owner of over 30 years is ready to let it go.
Revenue
$30,000 pm
Rent
$1,902 pm
Expenses
$12,000 pm
Net Profit
$15,000 pm
Location Details
6 Yuletide st
Strip shop 6 klms from the Brisbane CBD . Lots of off street parking. Lovely up market suburb in a lovely community hub.
Potential
This purchase will give you the opportunity to grow an amazing business. The salon has been a very profitable business for the last 30 years. The current owner is ready to semi retire and would love her current staff to work with an ambitious motivated new owner to take it to the next level . Someone with enthusiasm, passion, vision and a love of social media to elevate a great business to the next level.
The Salon has six stations, 2 basins with a small staff room and laundry facilities.
Skills
Great opportunity for a business minded person to take advantage of low rent in a great area or to rent out hair salon space to freelance stylists etc while the current staff can also help you and them grow. Owner is happy to work with you during the transition so that clients can get to know and be comfortable with the new owners. Lots of amazing clients and all their details are on our Client Diary platform.
Hours
Salon currently operates 4 days. So there is room for growth or keep things as is and embrace the work life balance
Lease
We have a fantastic landlord who will be happy to renew a new 3x3 or 5x5
Employees
The hair salon has 2 fabulous part time stylists who are keen to stay on and work more hours. One senior and one 3rd year apprentice.
Reason for Sale
The owner of the business is tired and needs a long holiday :) the business has been established since the 1960s current owner has been there for 30 years and ready to step back
About the Business
The salon has six stations, 2 basins with a small staff room and laundry facilities. The rent is extremely good for the location being less than $500 per week including outgoings and within 8 km of the Brisbane CBD at Holland Park. There is currently approximately 700 active clients on the Client Diary Platform, which is the booking and reminder system we currently use. We are a Goldwell salon with a lovely, long term local clientele.
A great investment for a someone who maybe is working from home but has outgrown their space or is missing a the salon vibe and energy of working in a team. Or someone who wants to hit the ground running with new ideas but have the security of a good income while doing it. As stated the staff are keen to stay on and grow their client base setting themselves and the new owner up with a great income stream.
All finacials available on request
History
The little shop has been a hair salon in some form since the 1960s. We still have the original dryers working on the walls. It has had many reincarnations over the years. We have a great and loyal local clientele who would happily stay on with the new owners, as long as you love them as much as we have.
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