LEADING BEAUTY SALON (Brisbane Western Suburbs)

Exceptional Return on Investment & Tangible Growth

Business Description:

The business has been operated by the current owner for over 20 years. Due to family commitments, the current owner is seeking to sell the business.

Based on location, loyal clientele and quality fit-out, Scancorp anticipates the business will be highly attractive to:

* One or more Beauty Therapists seeking to take control of their career through the acquisition of a highly established salon, and

* Spa and beauty chains that wish to secure one of the premium locations in order to capture the highly desirable Western Suburbs demographic.

Scope of Business:

The Business provides beauty services including

– Pedicures and manicures,
– Waxing
– Facials

There are numerous additional services that could be offered by the new owners including but not limited to:

– Electrolysis;
– Artificial nails;
– Spray tanning etc

Investment Highlights:

* Established premise with high quality fit-out – 5 private cubicles and several workstations
* Blue-chip customer base and large portfolio of return clientele
* Exceptional location with a secure lease in sought-after Western Suburbs
* The business has a secure lease with 3 years to run
* Strong industry dynamics

Investment Value:

The business represents exceptional value to a working owner and is priced at $125,000 (inclusive of circa $5,000 in stock).

~ Average annual revenues of $219,000 over the past 3 years which is over 23% higher than the industry average.
~ Profit to the working owner (PEBIT) has averaged $68,000 over the past 3 years
~The business is offered for sale at $125,000 which represents a return on invested capital (ROIC) of 51% and return on goodwill of 107%.
~ The business offers several tangible opportunities for growth which include proactive marketing (the business doesn’t have a website) and provision of additional services.
~ The business currently operates at around 50% utilisation for only 66% of the available opening hours (33% net utilisation)

The post LEADING BEAUTY SALON (Brisbane Western Suburbs) appeared first on AIBB Sales Latest Business Listings.

Source: http://ift.tt/1L9HEX5