Gold Coast Business Brokers Phone : 0423 16 **** The Team

Gold Coasts leading Beauty Salon. No Skills Required Under Management

Listing Id : 297575

Location : Queensland - SOUTHPORT

Category : Hairdressing, Beauty, Medical

Asking Price : 295,000

Business description

Customers come from word of mouth, internet searches, social media and newspaper articles with 10 to 20 new leads/enquiries a week of which 5 are generally knocked back due to no availability. One of the largest and busiest salons on the Gold Coast with most weeks having trouble fitting all customers in! Located in a prominent location surrounded by a very affluent demographic where customers are not as price sensitive so the business can afford to offer high end services with high end prices to match. Average sale price is $180. Outstanding customer retention rate with highly trained staff in customer service, upselling and rebooking customers after each service. Database of over 7,738 customers of which 1,299 have come on board in the past 12 months. This business is going gang busters and the owner is not a beautician and does not cut hair. The owner comes in one day per week to check in, pay staff and look at stock etc, but only usually spends half a day in there. This is a great chance for an established professional to come in and grow even further, or a savvy buyer to take it over because where else can you get a return like this. Profit $170,000 Asking $295,000 Negotiable

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