Stylish Inner North Hair Salon For Sale
This well-established hair salon for sale in Melbourne features a laid-back vice, a stunning fit-out... and a great return on investment.
This Salon Looks Impressive…
Located in a well-known and busy Brunswick thoroughfare, the salon’s clientele keep coming back for more. Such are the reputations of its stylists, it boasts a repeat customer ratio of 95%, high by industry standards. The sleek, ultra modern fit-out sets the tone: this is a place of high-end style. The salon has built a reputation for progressive hair care, cuts, colour and treatments for its customer who come from all over Melbourne. After almost fifteen years, it now rates amongst the most prestigious salons in the area.
Customers appreciate the professional focus on a casual environment where the staff are committed to the highest levels of hair styling using quality products and personal service.
So Do The Numbers…
With annual revenues approaching a million dollars and a net profit of almost 30% of revenue, this Brunswick salon for sale is showing above-industry returns.
Rent is a low 4% of revenue and a new owner will not have to spend anything further on the fit-out.
Generating a net profit of almost $300,000, this business would suit an investor. Equally, it would provide a very worthwhile return to an owner-operator, whether full or part time.
FOR SALE: $427,000 + SAV
Click on the FIND OUT MORE icon to enquire about this hair salon for sale or call the broker, Andrew Yoannidis on 0403 242 325.
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