Fully managed Group of 2 Busy salons For Sale,South,Adelaide

Group of 2 salons – Fully under management with a healthy profit of over $115k per annum
Salon 1 is based in a busy shopping centre and has 3 basins, 13 stations and 1 kid’s station.
Salon 2 is on a main road and has 4 basins and 11 stations with 2 kid’s stations.
These salons have been owner by the current owner for 35 years and 25 years respectfully so well established and dependable salons with consistent turnover of approx. $835,000 for each year.
Salon 1 has lease until Sept 2016 with a 5 year right of renewal.
Salon 2 has a current lease until Jan 2018 with a further right of renewal of 5 years.
There are also 2 sub-lease for a beauty room and nail stations in one of the salons bringing in a revenue of $16,552.50 per annum.
These sites are perfect for someone who is looking for passive income as an investor of managed salons, not necessarily from the industry or a hairdresser who wishes to split their time between the 2 salons. The salons are situated 10-12 km apart so easy to move between sites and move staff around each salon.
Weekly turnover $16,000+
Rent $2160 incl GST approx. per week for both salons.
Profit of approx. $115,000 per annum
Priced for both $200, 000 + SAV

Contact Australia’s leading Salon and Spa specialist business broker on 0420 205021 with hundreds of salons for sale nationally and more salons sold than any other broker in the country we guarantee that we will have something that will suit your needs. Go with the biggest and best with proven results!

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TESTIMONIALS
Joe Torcasio – Bliss salon – March 2015

“I found Nikki, the easiest and most pleasant broker to deal with. I had dealt with many other brokers when looking to purchase a salon and not even one did I wish to go through to buy a business. That was until I spoke to Nikki and after the first conversation I knew she was the broker I wanted to buy my first business with. I appreciate all your efforts and I will certainly be in touch and will let you know how I am going”

David Sherwell – Salon owner – February 2015

“I approached Nikki in the early stages of seeking a one year exit strategy for my business. We decided to list the business for sale and it sold within 2 weeks. (50 weeks ahead of schedule.) The terms and price I received for the business where outstanding, and the buyer obtained an equally good result. Nikki stands out as a fantastic negotiator and hard worker with a high attention to detail.” – David

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