Fully Managed & Very Profitable Hair Salon for Sale, Adelaide Hills (nk.)

Price

SOLD

Nikki Katz

0420 205 021 nikki@nksalonsales.com.au

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Description

Long established hair salon which runs under a full management structure, set in the beautiful Adelaide Hills is available to buy.
The owner is moving interstate in the New Year so has reluctantly put the salon on the market!

Larger style salon with 12 stations & 4 basins, this long established salon is beautifully fitted out and has ample room to grow and build on what is currently working beautifully.
Fully computerised and with systems in place making it easy for anyone looking to buy a managed hair salon as an Investment (the current owner is NOT a hairdresser).

Location is perfect and the salon has done well in the last couple of years ( even through Covid) with a consistent profit of $95,000 ( an average of the last few years).

Long lease until May 2024 + 2 further rights or renewal for 5 years each taking the tenure to May 2034!
Rent is $961.54 + GST + Outgoings per week

Sales are $9,189.12 per week (average)
Profit is $1,886.92 per week (2022)

Fully trained staffed all run by full time manager

Price $139,000 + Stock at Valuation ( approx $15-$20k)

Sales

Rent

Net Profit

(to owner operator)

Price

SOLD

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