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Boutique Hair Salon Business In Eastern Suburbs For Sale

Eltham, Victoria, Australia
Asking Price:
Under $100K (AUD)
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$50K - $100K (AUD)

Boutique hair salon

** Prime Trading Position with Easy Parking
Superbly Presented Throughout
Income generating shop in busy complex
Viewing recommended **

This is an exciting turnkey opportunity to purchase a fun and vibrant Hairdresser business located in Eltham. First established in 2017, the current owner has successfully developed a large & loyal customer base, as well as an unbeatable reputation with excellent reviews. A promising venture with fantastic growth potential, the business is offered on a leasehold basis.

The location of this premises leads the business to naturally appeal to customers as it is in a desirable retail area. Situated in a busy plaza containing several doorstep anchor stores and superb mix of speciality stores and eateries in this bustling shopping district. This salon enjoys excellent foot traffic and visibility, with plenty of parking in the front, back and rooftop parking lots.

The monthly rent is currently $1,983.90 and comes with a long 10-year secure lease.

Modern décor, well fitted with reception desk and customers seating area.
The salon specialises in providing professional and specialised hair services such as balayage, blondes, all colours, cuts and treatments making it very attractive for both young and mature clients, with potential to further add other services.
There are 7 mirrored work stations and a colour waiting table with additional 6 chairs and 2 shampoo stations. The back room has a kitchenette with a coffee station as well as a European style laundry and colour back bar with plenty of storage.
Operating business hours are from Tuesday – Saturday (Thursday being a late night until 9pm)
Business comes complete with all FFE-furniture, fixtures, salon equipment, all related IP included (Social Media Links and Client Lists).
An excellent bolt-on opportunity for a hair salon based elsewhere.
This would be the perfect opportunity for a budding business owner in search of a business with fantastic growth potential. Scope for growth with new buyers extending the operation hours, increasing marketing through online platforms and local advertising would help gain new customers, with opportunity to rent the stations to self-employed hairdressers to improve their income significantly.

*You must visit the shop to appreciate the built out and location.

Property Information

Real Estate:

Lease

Lease Terms:

10 Years

Leasehold Rent:

$24,000 (AUD) per annum

Location:

Prime Shopping Centre Location

Premises Details:

Boutique Independent Specialty Stores

Business Operation

Trading hours:

5 Days , Tuesday - Saturday

Employees:
2
Years established:
5 Years

Other Information

Support & training:

Full Handover with Training & Support

Inventory / Stock value:
$10,000 (AUD)

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