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Stylish Managed Hair Salon, 10km West Adelaide CBD

Adelaide Region, SA, ID 157974

Stylish Managed Hair Salon, 10km West Adelaide CBD 1
Stylish Managed Hair Salon, 10km West Adelaide CBD 1
Asking price:
AUD$200 000
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Description

Stylish Managed Hair Salon | 10km West of Adelaide CBD$200,000 + Stock (approx. $6,000) | $176k Annual Profit | Secure Long LeaseA managed hair salon located approximately 10km west of Adelaide CBD, featuring a modern fit-out, established clientele, experienced team and strong financial performance.The salon includes 7 styling stations, 2 wash basins, a colour bar, client refreshment area and a private office supporting daily operations. The space has been designed to deliver a comfortable and professional client environment.An experienced team currently operates the business, including 2 full-time senior stylists, 2 apprentices and 1 salon assistant, providing service continuity and operational stability.The business generates weekly sales of approximately $7,850 with an annual profit of approximately $176,000.The premises operate under a secure lease with rent of approximately $880 per week including GST and outgoings, with approximately 6 years remaining on the lease term (1+3+3).One of the current owners is willing to remain in the business as a manager following settlement, providing operational support and ensuring continuity during the transition period.Key Highlights* Modern salon fit-out with 7 styling stations, 2 basins and dedicated colour bar* Established team including senior stylists, apprentices and salon assistant* Weekly revenue of approximately $7,850* Annual profit of approximately $176,000* Rent approximately $880 per week including GST and outgoings* Approximately 6 years remaining on the lease (1+3+3)* Managed business structure with transition support availableThe business is being offered for sale as the current owners are preparing for retirement.

Details

Real Estate: Lease
Employees (ppl): 5
Reason for selling: Retirement
Asking price: 200 000 aud
Rent (per year): 42 240 aud

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