Internal Ref: B14838
Summary
This modern, well-established hair salon in Mornington is now available for sale, offering an incredible opportunity for anyone looking to enter the thriving beauty industry.
Revenue
$11,000 pw
Rent
$706 pw
Hours
5 Days; Tue 9am- 4pm; Wed 9am - 9pm; Thu & Fri 9am - 5pm; Sat 8am - 3pm (Closed Mon & Sun)
Lease
3x3 Commenced 1/5/2022
Employees
1 PT owner, 1 FT Staff, 7 Staff PT
Reason for Sale
Moving Interstate
About the Business
This modern, well-established hair salon in Mornington is now available for sale, offering an incredible opportunity for anyone looking to enter the thriving beauty industry. With impressive weekly takings of $11,000 and estimated stock valued at $15,000, this business has the solid foundation needed for continued growth.
The salon boasts a high-quality setup, with $100,000 worth of equipment, including 8 stations and 3 wash basins, ensuring it’s fully equipped to cater to its loyal clientele. It operates 5 days a week, offering flexible hours to both staff and customers. The current lease is affordable, at just $3,060 per month (including GST), with a 3-year term and a further 3-year option in place. Outgoings are $5,000 per annum, making this a cost-effective business with plenty of room to grow.
The business is managed by 1 part-time owner, 1 full-time staff member, and 7 part-time staff, ensuring a smooth operation. With no Monday or Sunday openings, the salon offers a balanced schedule, ideal for someone seeking flexibility.
Having been in operation since 2019, the salon has earned a stellar reputation in the area. The owner is selling due to an interstate move, presenting an excellent chance for the next owner to take over a highly profitable, well-run business with strong potential for growth.
If you’re looking for a thriving, low-risk investment, don’t miss out on this fantastic opportunity. For further information or to arrange a viewing, contact Chris Panagiotidis & Elle Likopoulos at Absolute Business Brokers on 0433 582 533 or email [email protected].
Ref: B14838
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