Bayside Hair and Beauty Salon

Price

$595000

+ STOCK

State

Victoria

Suburb

Melbourne - Greater

Overview

Rare opportunity to acquire elite hair and beauty business in a prime location. Fantastic community in the local area frequently visit the business.

Established over 15 years, stunning fit out spanning over 212 SQM with 15 stations, multiple barbers, 3 – 4 beauty rooms, nail area, 2 private toilets/large backroom and more. Exceptional lighting and a vibrant atmosphere create an inviting space for clients and staff.

Fully computerized, policy procedures in place along with a new AI feature streamlining business operations. Super easy parking for all staff and clients. Strong rebooking rate along with a flow of new clients every single week to keep the business powering forward.

There is a full team of hairdressers and beauty therapists in place along with a salon manager and salon coordinator. (owner does not work in the business)

Reference Number: bus5897

Key Details

Fully managed, upmarket salon business. Sensational sales of $25k per week consistently over the last 3 years.
Brilliant google reviews.
Huge potential still to grow further.
Long lease 5x5x5
Rent is great at $1627 per week plus GST and outgoing.
Sales approx. $25k plus a week ex. GST
Net profit average over the last 3 years approx. $290k per annum.