For Sale $125,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $125,000

Business Details

Hair Salon - Retail - East

\nHair Salon - Retail - East - Agent SBX Code Number: SF1047

Hair salon -mens and womens - Experts in colour, cutting and offerring unique colour touch ups at very affordable prices. - Stocks leading brands of products. - Good retail product range. - This is a fully equipped salon with 4 wash basins and 8 cutting chairs.- Also does massage, manicures and pedicures.

Potential
To do more marketing and promote social media presence. - Owner operator could reduce wages and increase profit

Features
Prime location - Nothing to spend - Run under management - Large client base.

Premises
Beautifully presented salon with an area of 70 sq. mts. including glass frontage and storage area at rear.

Location
Main road leading to Eastern Suburbs beach close to shops, cafes and restaurants.

Trading Hours
7 days - Mon.- 10 a.m.- 5 p.m.-Tues.- 9 a.m.-7p.m.- Wed.- 9 a.m.- 5 p.m.- Thurs.- 9 a.m.- 9 p.m.- Fri.- 9 am - 6 pm.- Sat.- 8 am- 6 pm - Sun.- 10 am- 4 pm

Lease
Current lease commenced March, 2013 - March, 2017 + 3 year option - C.P.I.increases - 3 month bond.

Employees
1 Manager + 2 full timers + 3 part-timers + 1 casual

Comments
Set up cost was $104,000. - Extremely busy over summer. - Lots of walk ins as well as regular customers. - Very high traffic area near popular beach. - The manager earns $1000 per week so profit has been shown based on an owner operator.

Figures
Weekly Sales $10000
Rent (ex GST) $1588
Wages $3780
Profit $3209

Agent SBX Code Number: SF1047 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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