Home Business For Sale Bayside Area, Melbourne, Hair salon for sale – Fully managed
For Sale
Reference Number: bus5104
4 weeks ago
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Bayside Area, Melbourne, Hair salon for sale – Fully managed

Listing Price: $90,000 + Stock
Victoria
Melbourne - Greater

Bayside Area, Melbourne, Hair salon for sale – Fully managed business would be perfect for a savvy investor or owner operator.

Only 10 MINS from CBD. Sought after main street location, high traffic area.

Business Snapshot:

Profit: $120k plus per annum
Earning Type: EBITDA
Long lease 9 month left with an option of 5 years, Base Rent $1941 per week plus outgoings
Current Sales approx. $550k per annum
Net profit to an investor approx. $65k to an investor
Net profit to owner operator $120k plus per annum.

The Key Details:

Sensational fitout with 10 station 4 basins over 100 sqm
Fully computerized
Team of 5 in place, owner does not work in the business
This business has been operating for over 14 years
Great online presence and good reputation

Summary

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