Established Hair & Beauty Salon, 40km North Adelaide CBD

Description

Business type: managed hair salon

Location: west Adelaide, South Australia

CBD distance: approximately 10 km

Asking price: $200,000 plus stock

Stock value: approximately $6,000

Financial performance

Weekly sales: approximately $7,850

Annual profit: approximately $176,000

Premises

Styling stations: seven

Wash basins: two

Colour bar: included

Client refreshment area: included

Private office: included

Fitout: modern

Team

Senior stylists: two full time

Apprentices: two

Salon assistant: one

Management structure: established

Lease

Weekly rent: approximately $880 including GST and outgoings

Lease structure: 1 + 3 + 3 years

Lease remaining: approximately six years

Transition

Sale reason: retirement

Current owner: willing to remain as manager after settlement

Transition support: available