SBX Business Brokers Phone : 02 9439 ****

Hair Salon - Franchise - Hair Products - $29,300 pw - Net $5078 pw - Central Coast Nsw - Full Financials - Central Coast

Listing Id : 266155

Location : New South Wales

Category : Beauty

Asking Price : 220,000

Business description

Hair Salon - Franchise - Hair Products - Central Coast - Agent SBX Code Number: SFG1017 Hair Salon - Hair care and beauty business with associated full service hair salon which represents a rare retail opportunity. - Great visibility near major retailers, welcoming floor layout and the security of being part of a national franchise - Full figures to support profitability are available. - Loyal motivated professional staff would be prepared to stay on to assist a smooth transition. Potential Increase social media presence. - Promote salon services and open hair salon on a Sunday. - Good opportunity for a new owner who enjoys retail and customer service. Features Prime location. - High turnover with high GP% for retail. - Full transparency with profit fully substantiated by financials. - Well established. - Excellent systems in place. - Profitable - Loyal clientele. Premises Highly visible and well set out accessible store featuring retail displays at front with hair salon at rear comprising 105 sq. mts. Location Situated in a premier destination shopping centre near prominent busy supermarkets with high foot traffic on the Central Coast. Trading Hours 7 days - Mon. - Wed. - Fri. - 9 a.m. - 5.30 p.m. - Thurs. - 9 a.m. - 9 p.m. - Sat. - 9 a.m. - 5 p.m. - Sun. - 10 a.m. - 5 p.m. Lease Current lease expires 30/6/20. - 2% C.P.I. annual increases - 3 month bank guarantee. - A new lease should be available. Employees 2 owners (4 days p.w.) + 1 fulltimer + 1 permanent part-timer + 4 casuals Comments Misc.- 1 - GST and sundries from P& L - Misc.- 2 - Franchise fees of 5%, advertising fund fees of 3%. - This is an exceptional opportunity to buy a leading retailer - Suitable for single or couple looking to take over a well established store in a premium shopping centre in a lovely area on the Central Coast - Stock can be adjusted to suit new owner. - Current years financials showing net profit of over $200,000 after add backs. - New owner subject to Franchisor approval. - Best retail opportunity on Central Coast. - New owner does not need hairdressing qualifications just an aptitude for retail and dealing with clientele. Figures Weekly Sales $29300 Rent (ex GST) $3705 Wages $4732 Profit $5**** **** Agent SBX Code Number: SFG1017 - SBX Business Brokers


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