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Premium Keune Kerastase Salon In Busy Shopping Centre For Sale

Carlingford, New South Wales
Asking Price:
$60,000 (AUD)
Sales Revenue:
$475,000 (AUD)
Cash Flow:
Available on request

Here is your opportunity to comandeer your very own premium salon. Highly suitable for an aspirant ready to take the next step in their entrepreneurial career. Located in Carlingford Court, a busy shopping centre - this salon has been the leading salon in the locale, offering the best products available to the market from leading brands such as Keune, Kerastase, Seamless1, Activance, Goldwell, and has been an established business for over 10 years. This salon sees average turnovers of $10,000 per week, and approximately $450,000 per year in turnover with some previous years easily pushing above $500,000.

This salon has proven to be highly responsive to positive direction, and has benefited greatly in the past year from all of the input and investment from the owners. Currently owned by a long term employee of over 7 years at the salon, the new director has implemented fresh energy, new policies, and has invested time and money so you don't have to. As part of the changes, management has been sending the current permanent staff to regular paid & free training provided by our suppliers, Keune and Kerastase to further enhance inspiration and their skillset.

Continued efforts at this prestigious salon will only see it continue to flourish, and exploring the implementation of ancillary activities such as an online web store or more active advertising of formal/special occasion and wedding hair styling (which are huge profit earners) will only stand to boost the gross earnings of this salon and offer the potential for serious profit.

The salon currently has 6 full time staff members on a rotation (with some being long term employees), a receptionist on weekends, and a still-in-school helping hand whom will would like to start with the salon in the new year as a first year. The current team has been hand picked from a previously larger team, with only the best select individuals whom have remained inspired, hard working and dedicated to offering clientele an experience of the highest of quality - so the hard work here is already done. The staff at the salon are bubbly, supportive, professional - whom take their profession very seriously. The staff do not need pushing or harassing in order for them to work autonomously, and the salon management can be absent for days on end, with a clear understanding of what is expected in your absence and what benchmarks are to be met.

The salon has two additional rooms connected to it, which have the potential to be sublet to other industries that compliment hair and beauty, such as a lash artist, make up artist, facial beauty, massage, tanning etc. Renting these rooms out could net your business some $100-$150 per day in the current market, each.

However unfortunate for the current owner, the reason for sale is genuine and personal in nature, and is absolutely priced to sell to an aspiring individual (or duo) whom have can carry on the passion, dream, and energy to continue growing this established business.

Please email me if interested

Property Information

Real Estate:

Lease

Lease Terms:

1 year remaining on lease, then up for renewal

Leasehold Rent:

$75,000 (AUD) per annum

Location:

Level 2, 801-809 Pennant Hills Road, Carlingford Court Shopping Centre, Carlingford, NSW, 2118

Business Operation

Expansion Potential:

Area surrounding shopping centre is booming with apartments, new clientele, and centre upgrades. Salon would benefit greatly from renting out rooms within salon, as well as an online shopping store (on site rooms could be used for storage for products for store).

Competition / Market:

Currently the leading salon in the shopping centre, with only one other hair dressing salon located downstairs - with only a few chairs. Two barbers in the shopping centre, however the salon still experiences a large attendance from males - non issue.

Reasons for selling:

New family reasons.

Trading hours:

7 days. 9am-5:30pm Monday, Tuesday, Wednesday, Friday. 9am-9pm Thursday. 8:30am-5pm Saturday. 9am-4pm Sunday.

Employees:
6
Years established:
12

Other Information

Support & training:

Current staff are autonomous, passionate, and extremely fluent in the smooth running of the salon. Current 2IC will offer support where required.

Furniture / Fixtures value:
$160,000 (AUD)
Inventory / Stock value:
$7,000 (AUD)
Website:
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Contact Information

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