Hinterland Hair Salon for Sale / Gold Coast – Rapid Residential Growth

Price

$120000

+ SAV

State

Queensland

Suburb

Hinterland

Overview

Well established and no competition. Both major criteria for many in search of a hair salon for sale. Add the fact that the area is growing rapidly and you should be keen to look at this one.

Here’s the perfect opportunity for an experienced stylist to become an owner operator. Or for a savvy investor to sit back and bank the profits. The owner retiring and moving interstate, ( happy to stay on to transition if required 6-8 weeks).

If an easy-to-run salon that consistently nets more than $100,000 isn’t enough, there are multiple prospects for growth. The area is relentlessly attracting new residents. There are several new housing developments in the immediate area. The main street is abuzz with commerce. You could open a sixth day each week and/or commit to a late night. There’s even capacity to have more than the current three stylists.

Certainly worth your inspection.

Key Details

Main street location
Five styling stations and two basins
Modern, high end fit-out
Effective online presence with website and social media
The only salon within cooee
Established over 8 years, and easy to run, with the same owner
Annual Net Profit tops $100,000

Business Snapshot

Asking Price

$120000 + SAV

Annual Revenue

Approx. $312k

Earning Type

EBITDA

Rent

Weekly rent of less than $700 including GST and outgoings

Lease Expiry

Lease term 18 months and a further term of 3 years. (option to extend even further)

PRemise Size

60 m²

Ready for the next step?

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or, Contact broker directly

John Kasapi

0422 930 549

john@salonforsale.com.au