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Albert Kramer

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Kramer & Kramer Real Estate
Suite 15/17 Ogilvie Road,
Mount Pleasant, WA 6153

Beauty/Health for sale


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Business Details

Owner has Captured area Clients for many years

Over this time the proprietor, has owned and operated salons in the city and major shopping centres. For the last 16 years he has chosen to base the salon in a boutique enclave in this suburb.

In the readiness for retirement the Owner is now looking to sell the business to an appropriate buyer.

Key Points:

Lease: Long Lease of 10 years, Five year plus Five year option, the Owner has had a rent reduction !

Configuration: 70sqm, 8 work stations, 3 Shampoo Stations, Staff room, toilets, storage. Ample parking

Staff: Currently Proprietor and one Senior Stylist

Client Base: Long term, repeat customer client base

Revenue: FY11 - FY15 a consistent $170,000 - $205,000.00 pa

Rent plus associated outgoings: Low $40,700.00pa + GST

Revenue Leverage: Significant upside from catchment pool through advertising, promotion, staff number up sizing and product sales enhancement.

Asking Price: AUD 160,000 plus stock.

The salon is conveniently located in a small local shopping area . It is an excellent catchment area being the centre of Mount Pleasant, Booragoon, Bullcreek and Rossmoyne. The shopping precinct is conveniently located to the freeway off ramps.

One of four businesses in a boutique enclave that includes a cafe's, beautician and ladies designer boutique. The Salon front is in prime position and readily visible.

It houses nine businesses including Mount Pleasant IGA, Brumby’s Bakery, Green Grocer, Gourmet Butcher, Delicatessen, Pharmacy and News agent.

Directly opposite the Salon, are the Primary School, Community Centre, Early learning and Childcare Centre and Tennis club.

There is ample parking in front and behind the salon as well as at the adjacent shopping centre

This area has c1300 households with a median price of $750,000, long term property value growth of 7%pa has seen the area attract an increasing affluent resident. The surrounding suburbs of Mount Pleasant, Booragoon, Bullcreek and Rossmoyne add to the appeal of the location providing a plentiful catchment area of potential clients.

Handover and business support

Under an appropriate agreement the Owner would be willing to continue working with the new owner on a part time basis for a period of 12-24 months. Along with the existing Senior Stylist this delivers continued revenue certainty from day 1 de risking the business for the new owner, ensuring a smooth transition of the existing client base and providing a strong platform for growth. .

Summary »

  • Business Category: Beauty/Health
  • Business Sub Category: Hair Salon
  • Building Area: 70 sqm
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Kramer & Kramer Real Estate
Suite 15/17 Ogilvie Road,
Mount Pleasant, WA 6153

Phone: 9313 4000
Fax: 9313 1056

Albert Kramer
Phone: 089 3134000
Mobile: 0418 927640

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