Hair Salon - Hairdresser - Hair Salon - Hairdresser - Well appointed - Excellent potential - SFG1108
Hair Salon - Hairdresser - Hair Salon - Hairdresser - Well appointed - Excellent potential - SFG1108
Industry :
Beauty/HealthSub Industry :
HairHair Salon - Hairdresser - Western Sydney - Agent SBX Code Number: SFG1108
Hair salon - hairdresser. Long established quality hair salon providing services to both men and women with an emphasis on colour and chemical work. The salon comprises an impressive eight cutting stations together with three washbasins indicating that the salon has a significant capacity. Currently an owner operator enterprise, the business could be expanded to have multiple employees through marketing and other initiatives. Alternatively a competent senior may like to take over a well appointed comfortable and spacious salon and provide quality servicing to a boutique clientele. Included in the business sale is the website database and client cards.
Potential
Direct market to the database. Perform social media local area marketing via Facebook and Instagram. Potentially incorporate beauty services.
Features
Large spacious salon with capacity to perform high volume work . A reputation for quality services
Premises
Well appointed salon with prominent frontal glass display totalling 45 m2
Location
Situated in a small group of shops servicing the local area in Western Sydney
Trading Hours
5 days, Tuesday to Friday 9 am to 5 pm and Saturday 8 am to 4 pm.
Lease
Current 3 year lease through to September 2026 with 3 year option. 3 month security deposit with 3% yearly increase.
Employees
One owner
Comments
Long established high capacity salon with reasonable rental represents ideal salon opportunity. Misc 1 represents sundry expenses.
Figures
Weekly Sales $2800
Rent (ex GST) $500
Wages $0
Profit $1710
Agent SBX Code Number: SFG1108 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$40,000 + SAV
Enquire about this business
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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