Leasehold Hairdressing Salon in Sought-after Suburb Sydney, North Shore NSW

6 days ago

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Summary

Business ID: CTOC1603Consistent turnover: 2018 - $607,000, 2017 - $589,000, 2016 - $585,000. Established in March 1985, and still occupying the same space in a small, modern shopping centre, this...

Location Details

CTOC1603

About the Business

Business ID: CTOC1603

Consistent turnover: 2018 - $607,000, 2017 - $589,000, 2016 - $585,000. Established in March 1985, and still occupying the same space in a small, modern shopping centre, this popular hair salon is a potential gold mine.

Having had a complete refit recently, the salon comes fully equipped. Thanks to its outstanding reputation and high-quality services, there is no real competition.

-Excellent location in a sought-after suburb, where older properties are being replaced by high-value high-rise residential units

-Most clients come from the local area and include ladies of discerning taste. It is not regarded as a ‘specials or discounted’ hairdressing salon

-The salon offers modern but not high-fashion hairdressing services, with clients and staff ranging in age from 30 to 60s

-Majority of the equipment is under 2-years-old

-The business operates Monday through Saturday with the occasional Sunday for appointments only

-Leased premises total 61m2

-No licenses, special skills or registration required, other than council requirements

-Comes with registered business name

-All procedures and policies are well documented

-Training offered if required

The current owner established the business but has not been active in the salon on a day-to-day basis for more than 25 years. Highly competent staff run the salon, consistently offering high standard hairdressing services to the local community.

The current owner wishes to concentrate on other ventures and feels now is the time for a new owner.

Price: $120,000 + SAV

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