HAIR AND BEAUTY SALON
- Listing type: For Sale
- Property type: Business
IT HAS BEEN PROVEN THAT SINCE THE CORONA VIRUS HAIR SALON BUSINESSES HAVE IMPROVED DRAMATICALLY. VIEW THIS SALON WITH PRIDE.
Boutique Hair Salon for sale in an excellent strategic location. Perfectly positioned south of the river, between the tourism hub of Fremantle and the over-crowed retail precinct of Cockburn, this well-established, beautifully presented salon is immediately available for an easy walk-in and profit purchase. The local area has been undergoing a dramatic residential redevelopment over the past few years with plenty of new construction still active and planned.
The Salon benefits from 18 years of dedicated clientele in a busy shopping centre, underpinned by three majors, with over 60 specialty shops. Substantial undercover parking makes the Centre popular all year round in both good weather and bad, bringing an excellent passing trade of more than 60,000 shoppers per week. The one original owner has operated the business under Management, winning multiple Awards and benefit ting from many long-term dedicated staff.
The modern, stylish design of the Salon has been well planned and presents as a warm and inviting refuge for their significant client base. At 70 sqm, the space if efficient and cost-effective with 13 cutting stations and three wash lounges. Base rent is $4,609.30 per month plus outgoings, with a 2- year Lease remaining and the option to re-negotiate. Turnover has remained historically reliable and stable with the 2020 figures showing just north of $500,000 and a before tax net profit of circa $137,000. Written down Plant Value is $222,000, being ready for a smooth and simple take-over buy. Current stock value sits around $50,000.
This Salon for sale represents a brilliant opportunity to walk in and capitalize on the long-term professional hard work and expertise of the owner, and the teams’ dedication to exceptional customer service. Perfectly located in a go-ahead area, with a massive clientele, the lucky new owner will be making a smart investment in a proven and profitable, well-located business.