NSW10305
Busy Boutique Hair Salon in Sydney’s
Price:
$120,000 + Stock
Profit:
$239,000
Sales:
$365,000
Location
Inner West
Industry Type:
Hair Salon
Emma Attenborough
Specialist Broker
Phone:
0404 090 367
Email:
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Confidentiality Agreement
Busy Boutique Hair Salon in Sydney’s Inner West
This busy, highly profitable hair salon in the heart of Sydney’s inner west is for sale. Huge long- standing clientele paying fantastic prices to give maximum profitability to the owner, this salon has been established for over 15 years, has very low rent and ample parking near by to ensure it is convenient for the loyal clientele.
Key points:
Turnover $365,000
Rent $27,000
Profit/owners wages $4,607 per week or $239,589 per year (not a misprint)
1 staff member plus owner works full time
Long lease in place
Great data base of clients
This salon is priced to sell quickly.
Price $120,000 plus stock
Listing ID: NSW10305
Broker: Emma Attenborough
Phone: +61 404 090 367
Email: emma@hhbbusinesssales.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.