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SOLD! Well known and Profitable Hair Salon for Sale – Orange, NSW

SOLD! Well known and Profitable Hair Salon for Sale – Orange, NSW
Projected turnover 2019/20 $646k with expected profits to be over $150k to owner. Priced to sell at $110,000 plus SAV

Business Sale Price:

$110,000 + Stock

Business ID: BS141262
Location: NSW Regional
Type: Health & Beauty

SOLD

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SOLD! Well known and Profitable Hair Salon for Sale – Orange, NSW

Please note: This business has remained strong and profitable during the COVID pandemic and will continue to grow.

This salon has been established for 10+ years, with an excellent reputation and a good client base. This business is now ready for sale as a turnkey opportunity.

You can be assured of walking into this business with nothing more to spend, as it is very well presented and has plenty of room to grow or expand. The premises are leased, and a new 3 yr lease can be negotiated. Rent is very reasonable, currently paying $2092.95 pm.

The salon has been tastefully renovated over many years and offers 7 working stations, 3 head basins, 7 Parlux hairdryers and a 3 seater leather lounge with 3 single seat leather chairs in the reception area. It also has a fully equipped staff room with table and chairs, microwave, kettle, fridge etc

The owner is selling on a WIWO basis, plus stock. So, everything is included.

The salon currently employs 8 people to run smoothly, including the owner, who only works part-time. Of these staff, 2 are full-time and 5 are part-time with 1 casual. One of the full-time staff has been there since 2014, so there is some good stability in the staffing structure of the business.

The current owner is willing to remain as either an employee or contractor if required.

The salon is located in a Regional Central West town of Orange, NSW, with a prime town centre location. The salon has high exposure to passing traffic as it fronts a busy road. The building benefits from having parking at the front and undercover parking nearby, with 2 staff allocated parking spaces beside the building.

  • The business name is included in the sale
  • Very easy salon to operate and uses the specialised hair salon software program Shortcuts, which includes customer details as well as many other management features
  • The business has a current 12 month marketing plan in place designed by (Ready Marketing Orange) and has active and current social platforms such as Instagram, Facebook, website, SMS marketing, email marketing and with a large social following. It is this salon’s belief that, in order to lead today in business, you must have a strong digital marketing presence
  • Currently opens 5.5 days a week, offering the rewards of a work/life balance
  • Opening 7 days a week with longer hours is possible because of the great high traffic location and demographics of the town. This will only have the potential to increase profits
  • Loyal client base with lots of new walk-in clients as well

The current owners will enter into a non-competing agreement with the new owner of the business, covering the metropolitan area for the period of 12 months. However, the owner is more than happy to continue in the business as an employee.

A lot of people dream of opening a business to make a great income. If this is you, don’t wait; make your dream come true now.

This business is much undervalued based on its actual financials and won’t last long at this price. If you are serious about purchasing don’t hold off and miss out on this great opportunity.

Genuine reason for sale. This full-service salon has everything and makes a great income for the current owner.

The current owner is working part-time and earning great money.

Don’t miss this opportunity to secure a great investment or the chance to grow a small business into a bigger, better and stronger salon. Call today without delay.

Asking Price: Perfectly priced at $110,000 plus stock.

Details

Subheading : Projected turnover 2019/20 $646k with expected profits to be over $150k to owner. Priced to sell at $110,000 plus SAV
Business ID : BS141262
Price Text : $0
Search Locations : NSW Regional
Search Type : Exclude Hospitality, Health & Beauty
Price Range : $1 - $500,000
Status : Sold

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