Highly Profitable Hair Salon
$79K + SAV
Opportunity to Own a Highly Profitable Hair Salon
An awesome opportunity to own a highly profitable hair salon. The vendor is happy to stay on and rent a chair from the new owner.
Are you a hairdresser? Are you sick of working for someone or working from home? Do you want to take your career to the next step by owning your own hair salon located in one of the busiest suburbs in Auckland and surrounded by boutique shops and plenty of parking?
Then this is the one opportunity you don’t want to miss, something like this great won’t last!
Purchasing this hair salon would undoubtedly prove to be an excellent investment for any new owner. Currently the salon is only open for 4 Days a week, so their are plenty of opportunities for a new owner to extend the hours and reap the rewards.
The hair salon has a spotless reputation and with over 2000 clients on the data base. Its extraordinary interior design with excellent service is attractive to customers and visitors alike. The salon is equipped with ten workstations, two washbasins, a mixing room with laundry, kitchen and a separate bathroom.
This salon has one part time working owner, two part time employees and two part time rented chairs. The current owner worked 3 ½ days in 2019. However, in 2018 she only worked 3 days. Therefore, there is less owner's surplus occurred in 2018. If the owner worked full time in the business, there would have been another extra income of approximately $20,000 in 2019 and $48,000 in 2018.
That would have resulted with $112,000 SDE in 2019 and $119,000 SDE in 2018. That's exactly what would be expected from a full-time working owner.
Broker Details: Serdar Kabul - M. +64 21 188 6144
Note: Some details of this opportunity are confidential and may be disclosed on completion of a Confidentiality Agreement by contacting the business broker. Also for reasons of confidentiality, stock images may be used to indicatively represent the business.