Beauty Salon On Lower North Shore Sydney For Sale

Business description

Business Description
Here is a fantastic opportunity to acquire a beautifully presented Beauty Salon, purpose built and finished to the highest standards only 2 years ago, it is virtually brand new. It provides state of the art treatments from three private and contemporary studios and revenue is up over 35% from last year.

The Salon is situated in a leafy part of Lower North Shore, and uniquely positioned amongst busy restaurants, a very upmarket Harbourside residential suburb and a commercial centre home to publishing houses, advertising agencies and media companies. Clients are drawn from the mixture of the local residential area, over the weekend and after hours, and business community during the day.

It offers the full range of beauty therapies, including waxing, facials, manicure and pedicure, using only the highest quality products eg. Payot, Dermalogica, Skinceuticals. Product sales comprise 40% of overall turnover.

After establishing the business the current owners are now reluctant sellers, choosing to focus on family and other business interests.

The key feature of this business:
• Fully equipped, stylish and modern Salon
• Fantastic potential to increase turnover
• Low overheads and excellent lease
• Over 2,000 clients on the database
• Located a very upmarket area of Lower North Shore

Please click on REQUEST MORE INFORMATION below and follow the prompts to complete the required Confidentiality Agreement which can be printed.

Property information

Real Estate:

Lease

Lease terms:

3 years to run
5 year option

Location:

Premises


The Salon was purpose built by the current owner to the highest standards, and features a contemporary and stylish interior.

It is located in a leafy Harbourside Suburb of the Lower North Shore, and uniquely positioned amongst busy restaurants, a very upmarket residential suburb and a commercial centre home to publishing houses, advertising agencies and media companies.

Clientele
Clients are drawn from the mixture of the local residential area over the weekend and after hours, and business community during the day.

Other information

Expansion potential:

This is a professional and beautifully appointed Salon, built to the highest standards – it has had a great start and is on track to turn over more that $400k this year.

With virtually no competition and set amongst an upmarket demographic, of residential and commercial, there is plenty of plenty of walk in clients to complement a large data base of existing clients providing an ideal platform for an experienced beautician to make it their own.

Competition / Market:

Clientele Clients are drawn from the mixture of the local residential area over the weekend and after hours, and business community during the day.

Reasons for selling:

After establishing the business the current owners are now reluctant sellers, choosing to focus on family and other business interests.

Furniture / Fixtures value:

$65,000

Inventory / Stock value:

$30,000