Inner City Profitable Franchise Opportunity awaits! Great for an Investor to make their mark in the hair industry with amazing guidance and support from a flagship franchise group.
Excellently located on a main strip of shops, Established 2 yrs and showing profits of $190k for 2014, Perfect for an owner operator or a savvy investor. Gorgeous Fitout with, 8 stations 3 basins, with the potential of more stations to be added. Rent $915 per week, Good long Lease with 4 yrs left plus an option of 6 years, 76 sqm, Computerized with the leading industry software. Currently Fully Managed with 7 hair stylists and a receptionist in place.
Sales $14k per week, Net profit approx $190k inc owners wages and addbacks
Price Only $285k plus stock. This is crazy as normally to setup a franchise salon will cost you north of $300k. Here is your opportunity to be part of a leading hair franchise group in one of their established flagship sites.
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