Hair Salon In Shopping Centre On City Fringe

Listing ID: 700344290

Listing Title: Hair Salon In Shopping Centre On City Fringe

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Industry: Hair and Beauty

Industry Segment: Beauty Salons and Barber Shops

Country: Australia

State / Province:


City: Richmond

Asking Price Range: $250K - $500K

Gross Revenues: $720,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1999

Number of Employees: 4 - 5

Business Description:
This hair salon is located in a busy Shopping Centre in the suburb of Richmond. The shopping centre has well known anchor tenants and has plenty of parking for customers. The salon enjoys large amounts of foot traffic daily and also has many regular and loyal clients who come for the exceptional customer service, well trained staff and personal touches offered by this outstanding salon. Established 20 years, the salon has been upgraded and has a modern and comfortable feel. There are 12 hair stations and 3 basins. Trades 7 days with late nights on Thursdays and Fridays. Run by 4 full time staff and 1 casual staff with the vendor working part time in the business. Impressive turnover of $60,000 per month with rent of $11,000 per month including GST and outgoings. Lease options of 7 years. Makes an excellent business investment as the salon can be run under management as there are experienced staff in place who can continue operations. Also good for an established business to expand in to this location. For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on 03 9566 7300.

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