Location:
Fitzroy 3065 > Melbourne - Greater > Victoria
Investment level:
$350,000 + SAV
Type:
Business
Industry:
Health, Beauty & Fitness > Hair, Beauty & Spa
Turnkey business,operating for over 30yrs in a prime retail location
This business presents a bargain opportunity at $350,000 ONO, with an estimated annual revenue of $430K and $300,000 in adjusted net profit, representing a 70% profit margin. This level of profitability and strong return on investment is rare, making it ideal for buyers seeking a high-yield business with significant upside potential.
For over 30 years, the business has built a loyal clientele and established itself as a trusted provider of hair salon services and treatments. It is an award-winning operation with a strong reputation and a perfect Google rating based on 300 reviews, reflecting superb client satisfaction and appeal.
Positioned within a bustling retail precinct, the salon benefits from strong foot traffic and a premium surrounding environment. The area attracts a wide audience, including the business's target market, supporting continued performance and revenue stability.
Operations run smoothly with experienced, long-tenured staff, including one team member who has been with the business for over 12 years. The salon operates under clear guidelines and structured processes, making it an ideal opportunity for owner-operators seeking a streamlined and well-managed business model.
The premises are fully equipped and professionally fitted out, eliminating the need for significant capital investment to continue operations. This is a rare opportunity to acquire a respected, long-standing salon with solid foundations, strategic positioning, and strong potential for future growth.
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.
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