Business DescriptionThis quality Hair and Beauty Salon and Skin Clinic business is a leading and local brand, which has been successfully operating in the Port Stephens region of NSW and growing its renowned reputation since it first started trading in 2005.
The business has been a consistent performer, largely because of its great reputation and the growing local population. The business is extremely well-known and regarded in the industry and in the region and is perfectly positioned with a long-term lease in the high-profile location already secured.
The business recently expanded its leased area and completed further renovations to allow for further expansion and to meet the growing demand for its services. The business enjoys high margins, limited competition, multiple revenue streams, increasing demand from a loyal and growing clientele. The business has a great team including managers and supervisors already in place and an incredible high-quality fit-out and valuable business assets included in the sale.
This is a very rare business opportunity ideally suited to someone with hair, beauty or skincare experience or someone with marketing or people management experience to work in the business or an investor that might prefer to enjoy a high return on a quality arm’s length investment.
The Adjusted Net Profit to the working owner for EOFY2018 is circa $217,000 which represents circa 60% return on the business asking price and the stock at cost, estimated at around $80,000.
If you are interested in finding out more about this quality opportunity, please contact Ian Jones directly on 0402 111 500 or 1300BROKER. Alternatively, visit www.merchantbrokers.com.au.