Salon Business That Shows Profits Exceeding $190,000 To An Owner Operator

29 days ago

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Melanie Cordony
 

Internal Ref: bus5366

Summary

Partly Managed hair salon in Sydney’s inner west. This busy salon has been established over 11yrs. Solid trading history with consistent profits a...

About the Business

Partly Managed hair salon in Sydney’s inner west. This busy salon has been established over 11yrs. Solid trading history with consistent profits and a great team in place. Currently has a Salon manager working full time, so plenty of flexibility for a new owner.

KEY FEATURES:

- Revenue growing year on year
- Great location
- 6 chairs, 3 basins
- Fully Computerised
- Great team of 5 in place - 4 x seniors and 3 x salon assistants. Owner works 20hrs
- Full time manager in place to run the day to day.
- Salons Trades 5 days, so plenty of room to increase turnover.
- Great online presence with website, instagram and facebook, and excellent 5 star reviews.

FINANCIAL SNAPSHOT:

Revenue – FY23 – $740,650
Lease - Exp July 2024 with 2 yr options.
Rent - $ 3423.34 p/mth + gst
Net Profit to owner operator - Approx $194,000

Don't miss this opportunity! Get in touch today to find out more about owning this well-established and profitable hair salon.

PRICE - $260, 000 plus stock.

Contact the exclusive broker:

Melanie Cordony
Benchmark Business Sales & Valuations
M: 0417 212 686
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5366 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

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